Renew • Refurbish • Restore
Remodel • Relax • Refinance

• Choose your term, 5, 10, 15 or 20 years
• No closing costs

Call us for details at 860-889-7381 or stop by your local branch.

* The Annual Percentage Rate (APR) is fixed at 4.75% and is effective as of 1/12/2010. Offer rate subject to change at any time. Minimum loan amount $10,000, maximum loan amount $225,000. A 5 year loan with an interest rate of 4.75% is repayable in 60 monthly installments of $18.76 per $1,000, 10 year loan is repayable in 120 payments of $10.49 per $1,000, 15 year loan repayable in 180 monthly payments of $7.78 per $1,000 and a 20 year loan is repayable in 240 monthly payments of $6.47 per $1,000. Payments do not include amounts for taxes and insurance. Escrow of property taxes required. Borrower responsible for property insurance. Maximum loan amount not to exceed 75% of property value. Requires an automatic payment from an Eastern Federal Bank Checking Account. The program is available only for refinances of single-family owner occupied detached dwellings and condominiums in FHLMC approved projects located in Connecticut.