Great mortgage rates in CT that help open the door to homeownership.

Feeling overwhelmed by your mortgage choices? Liberty Bank puts you in total control. Whether you’re buying a new home or refinancing your current one, we’ll take the time to listen to you and explain your lending options. Our local mortgage professionals can help you quickly find the right loan, with low mortgage rates that fit your financial situation. It’s the kind of personal attention that’ll get you to your closing date with confidence.


Apply Online

Fixed-Rate & Adjustable-Rate

Fixed-Rate Mortgage

Consider a fixed-rate mortgage if you plan to stay in your home for a number of years, or if your income will remain relatively level over time. Our fixed rate mortgages include: 

  • Fixed interest rates that never change
  • Fixed mortgage payments that never change (your home insurance and property taxes may go up over time)
  • No prepayment penalty
  • Loan amounts up to $3 million

Apply Online

Request Info

Adjustable-Rate Mortgage (ARM)

Consider an adjustable-rate mortgage if you plan to sell your home or pay off your loan in the next 10 years, or if your income will increase significantly over time. Our adjustable-rate mortgages include:

  • Lower interest rates and payment amounts at the outset
  • Increases in interest rates and payment amounts over time
  • Loan amounts up to $3 million

Apply Online

Request Info

Refinancing

Consider refinancing if you want to consolidate debt or make improvements to your home. You may also want to refinance to lower your interest rate. Our refinancing options include:

  • Fixed rate or ARM loans
  • Loan amounts up to $3 million

Apply Online

Request Info

Construction & Renovation

Construction Loan

Consider a construction loan if you want to build a new home with simple financing options. You only have to apply once to get construction and permanent financing. Our construction loans include:

  • One-time application, approval and closing
  • Draw period during construction with interest-only payments
  • Automatic conversion to a permanent mortgage
  • Fixed and adjustable rates available

Request Info

HomeStyle® Renovation Mortgage

Got your eye on a fixer upper? With a renovation mortgage, you can include the cost of home improvements in your financing, for purchase or refinance. The HomeStyle Renovation Mortgage includes:

  • A cost-effective way to renovate or improve a home
  • A single mortgage, which means lower closing costs
  • The loan amount based on a “as completed” value of the home or the cost basis, whichever is less
  • Available for owner-occupied or investment property.

Request Info

Land Loan

Spotted the perfect lot for a future home? If yes, a Land Loan may be right for you. Liberty offers loans for lots on town/state maintained roads.

Request Info

 

Low Down Payment  & Down Payment Assistance Programs 

Good Neighbor Mortgage

  • Put as little as 3% down1
  • $500 closing cost credit
  • Mortgage rate will be discounted by .50% on conventional purchases (.25% on conventional refinance)1
  • Available for purchase or refinance of 1-4 family, owner-occupied homes, and condominiums2 in the following cities/towns: Ansonia, Bethel, Bristol, Brooklyn, Chicopee, Danbury, Griswold, Manchester, Meriden, Norwich, Plainfield, Portland, Stamford, Stratford, Torrington, West Haven, and Windsor
  • No income limits
  • Minimum credit score as low as 660
  • First-time homebuyers are required to complete homebuyer education

Request Info

Good Neighbor PLUS Mortgage

  • Put as little as 3% down, and Liberty pays the PMI1
  • $2,000 toward closing costs, or to match your down payment
  • Mortgage rate will be discounted by .50% on conventional purchases1
  • Appraisal fee credit up to $500 and title search paid-for by CATIC3
  • Available for purchase of 1-4 family, owner-occupied homes, and condominiums2 in the following cities/towns: Bloomfield, Bridgeport, East Hartford, Hartford, Holyoke, New Britain, New Haven, New London, Springfield, Waterbury, Willimantic, and Windham
  • No income limits
  • Minimum credit score as low as 660
  • First-time homebuyers are required to complete homebuyer education

Request Info

FHA, CHFA, USDA or HomeReady® Loans

Looking for lower interest rates and low down-payment options? Ask about our fixed rate FHA, CHFA, USDA or HomeReady Loans.

Request Info

Housing Development Fund SmartMove Loan

Eligible homebuyers can receive up to 20% of the purchase price of their home to use toward a down payment. Mortgages include a low monthly payment. 

Request Info

VA Loans

If you’re a military veteran, you may qualify for a VA loan. Benefits include a low down payment on purchases or refinances.

Request Info

Equity Builder Program

Eligible homebuyers can receive up to $15,000 in down payment and closing cost assistance. It’s available to households with incomes at or below 80% of HUD Area Median Income based on property location. Grants are first come, first served and you must attend a homebuyer education/counseling program.

Request Info

 

Disclosures

  1. All loans are subject to credit and underwriting approval. Additional terms and conditions apply, ask your loan officer for details.
  2. Condos subject to project approval.
  3. Must use a CATIC attorney.

Mortgage Rates

Account NamePointsRateAPR¹
15 Year Fixed Mortgage2 0 5.625% 5.731%
30 Year Fixed Mortgage3 0 6.375% 6.441%
10/6m ARM4 0 5.625% 6.245%
Apply Online

Get More Information About Our Home Lending Programs

*Denotes a required field

How would you like us to contact you?

Please Remember: Do not email private information or account information via this form.

Disclosures

Rates effective as of:

  1. Annual Percentage Rate (APR) and rate posted are indications only, are subject to change without notice and qualification is subject to credit, underwriting and property approval. Your actual rate and/or points may be different as many factors go into providing you with a mortgage loan. The information provided assumes the purpose of the loan is to purchase a single family home as a primary residence with a loan amount of $240,000 and an estimated property value of $320,000 (25% down payment or a maximum loan to value of 75%) with no subordinate financing. The minimum credit score is 740, an escrow account is required and the rate lock period is 60 days.
  2. The payment schedule would be 179 payments of $1,976.96 and 1 payment of $1,975.84. This payment amount includes principal and interest and does not include taxes and insurance, the actual payment will be greater.
  3. The payment schedule would be 359 payments of $1,497.29 and 1 payment of $1,494.95. This payment amount includes principal and interest and does not include taxes and insurance, the actual payment will be greater.
  4. 10/6m Adjustable Rate Mortgage (ARM) are variable rate loans. After the initial fixed-rate period, the interest rate can increase or decrease every 6 months. This interest rate will be determined based upon an index plus a margin. The index is based on the 30-day Average SOFR index published by the Federal Reserve Bank of New York. The margin is 2.75%. The payment schedule would be 120 payments of $1,381.58 at an interest rate of 5.625%, 239 payments of $1,571.24 at an interest rate of 5.625% and 1 payment of $1,572.36 at an interest rate of 5.625%. This payment amount includes principle and interest and does not include taxes and insurance, the actual payment will be greater.
Liberty Bank NMLS #459028 

Related Products and Services

OwningAHome_750x420

Owning a Home

Resources and strategies to help you buy a home while sticking to a budget.

Learn With Us

Resume your Loan Application

If you’ve started a home loan application, click here for easy access to your application information.

Log In

With Liberty Bank, you're going places. In this case, to a different website.

cancel continue

Disclaimer: Links to third party sites are provided for your convenience. These sites are not within the control of Liberty Bank and may not follow the same privacy, security, or accessibility standards as Liberty Bank. Liberty Bank does not warrant any offerings from the third party providers, nor is Liberty Bank responsible for the security, content or availability of any third party sites, or their partners.

Disclaimer: Links to third party sites are provided for your convenience. These sites are not within the control of Liberty Bank and may not follow the same privacy, security, or accessibility standards as Liberty Bank. By accessing the SmartLenders Program via the provided link, you acknowledge the SmartLenders Program is not under the control of Liberty Bank. Liberty Bank does not warrant or endorse any offerings from third party providers, nor is Liberty Bank responsible for the security, content or availability of any third party sites or their partners including SmartLenders or the lenders that may be accessed by you through your use of the SmartLenders Program (the “Lenders”). Under no circumstances will Liberty Bank be responsible for any damages arising from the transactions between you and any Lenders or for any information appearing on SmartLenders’ site. SmartLenders will provide Liberty Bank with the following information about your application: applicant name; type of company; email address; loan amount requested; and progress status toward approval and funding. Liberty Bank may use this information to monitor your experience with SmartLenders and market Liberty’s services to you.