Community Banking Lives Here Dime Bank EST. 1869 I MEMBER FDIC dime-bank.com New London | Norwich: Broadway, Corporate, Norwichtown Stonington Borough | Taftville | Westerly, RI Colchester | East Lyme | Glastonbury | Ledyard | Manchester | Montville NMLS#4990 EITNDER It's your Home. Your Choice. Your Dime. dime-bank.com or calling 860.859.4300. our 10-Year ARM or any of our residential loan options by visiting To learn more, contact our experienced residential lending team about offer a lower rate option than longer-term fixed mortgages. home. Whatever the case, Dime's 10-Year Adjustable Rate Mortgage can Ready to buy your first home? Maybe you've outgrown your current 4.375%/5.148% APR* ARM 10-YR G 10-YR treat for you! Dime has a This Halloween, ARM a 30-year term. Loan to Value (LTV) of 80% or less. APR is Annual Percentage Rate and is accurate as of effective date. APR is subject to increase after closing. *Effective 10.27.22. APR based on The initial interest rate of 4.375 % is fixed for 120 months. After the initial fixed rate period your rate can increase or decrease every 120 months and will adjust based on the weekly average yield on United States Treasury Securities adjusted to a constant maturity of 10 years (your index) plus our margin of (2.75%) rounded to the nearest (.125%). The maximum increase per adjustment period is (2%) with a maximum lifetime increase of (4%) over the initial rate. Based on current market conditions and a (4.375 %) initial interest rate, the payment schedule for an 80% Loan to Value (LTV) $100,000 loan amount would be: 120 payments of ($499.29) at an interest rate of 4.375 %, 240 payments of ($588.87) at an interest rate of (6.375 %). An LTV greater than 80% requires Private Mortgage Insurance (PMI) which could increase your monthly payment and APR. A non-refundable origination fee of ($343.00) is required. Dime Bank requires escrows for taxes, insurance and, if applicable, flood insurance. Payment does not include taxes and insurance and may be higher. Other terms and rates are available. All rates are subject to change daily. These rates are for loan amounts up to ($647,200), owner occupied, single family property. Community Banking Lives Here Dime Bank EST . 1869 I MEMBER FDIC dime-bank.com New London | Norwich : Broadway , Corporate , Norwichtown Stonington Borough | Taftville | Westerly , RI Colchester | East Lyme | Glastonbury | Ledyard | Manchester | Montville NMLS # 4990 EITNDER It's your Home . Your Choice . Your Dime . dime-bank.com or calling 860.859.4300 . our 10 - Year ARM or any of our residential loan options by visiting To learn more , contact our experienced residential lending team about offer a lower rate option than longer - term fixed mortgages . home . Whatever the case , Dime's 10 - Year Adjustable Rate Mortgage can Ready to buy your first home ? Maybe you've outgrown your current 4.375 % / 5.148 % APR * ARM 10 - YR G 10 - YR treat for you ! Dime has a This Halloween , ARM a 30 - year term . Loan to Value ( LTV ) of 80 % or less . APR is Annual Percentage Rate and is accurate as of effective date . APR is subject to increase after closing . * Effective 10.27.22 . APR based on The initial interest rate of 4.375 % is fixed for 120 months . After the initial fixed rate period your rate can increase or decrease every 120 months and will adjust based on the weekly average yield on United States Treasury Securities adjusted to a constant maturity of 10 years ( your index ) plus our margin of ( 2.75 % ) rounded to the nearest ( .125 % ) . The maximum increase per adjustment period is ( 2 % ) with a maximum lifetime increase of ( 4 % ) over the initial rate . Based on current market conditions and a ( 4.375 % ) initial interest rate , the payment schedule for an 80 % Loan to Value ( LTV ) $ 100,000 loan amount would be : 120 payments of ( $ 499.29 ) at an interest rate of 4.375 % , 240 payments of ( $ 588.87 ) at an interest rate of ( 6.375 % ) . An LTV greater than 80 % requires Private Mortgage Insurance ( PMI ) which could increase your monthly payment and APR . A non - refundable origination fee of ( $ 343.00 ) is required . Dime Bank requires escrows for taxes , insurance and , if applicable , flood insurance . Payment does not include taxes and insurance and may be higher . Other terms and rates are available . All rates are subject to change daily . These rates are for loan amounts up to ( $ 647,200 ) , owner occupied , single family property .