Connect with a local lender

 Buying a home? 
Get $500 off closing costs or a free appraisal*

Take Advantage of Low Rates! Today's Rate Is: 3.011% APR**

Why Skowhegan?


Local Service

Rate Lock

Take advantage of quick turnaround times from local lenders who are available on your time.

We don't sell our loans so you can keep your mortgage local for the life of your loan.***

Enjoy a 60-day interest rate lock at the time of application.

Mortgages: Residential Home Buying 

When it comes to buying a home there are so many options, and not all of them may fit your needs. That's why our team of local Maine lenders are here to listen to your needs and guide you towards the mortgage option that fits you!

  • 10, 15, 20, and 30-year terms available
  • 60-day interest rate lock at application

  • Fixed and variable rate options
  • Bi-weekly payment schedule available

First Time Home Buyers

Not sure where to even start when it comes to buying a home? Don't worry, we have your back. Our team of local Maine lenders are here to guide you through the First Time Home Buyer Process.

  • Borrow up to 100% of the purchase price with a Maine Housing First Home Loan and a Rural Housing Guarantee
  • Reduced interest rates, Maine Housing First Home Loan rates are often lower than conventional loans

Vacation Home Loans

Looking for your next oasis on one of Maine’s 2,600 lakes or maybe one of the 20 ski resorts? We'll work with you every step of the way, from prequalification and completing the application to sitting at the closing table.

  • 10, 15, 20 and 30 year terms available
  • 60-day interest rate lock
  • Fixed and variable rate options
  • Bi-weekly payment schedule available

What our customers have to say

“Renee is very knowledgeable, helpful, personable and kind. She is always there when I need help or guidance and I will continue doing my business with her in the future because of all these reasons.”

“Kristen provided an excellent experience that’s very quick and responsive. We could not be happier with using Kristen and Skowhegan Savings Bank. We absolutely recommend them.”

"Angel works very hard to get you the best financing available. She is very professional & truly cares about her clients. She is a pleasure to work with & she is the reason I do business with Skowhegan Savings Bank!"

- Sabrina, Skowhegan Savings Customer

- Kimberly, Skowhegan Savings Customer

– Teresa, Skowhegan Savings Customer

*Offer good for new purchases between 3/01/2021 and 10/31/2021. Cannot be combined with any other offer. Savings on either closing costs or purchase appraisal applied at closing.

** Assuming a loan amount of $100,000 with a 20% down payment, you would have 353 biweekly payments of $273.65 and 1 final payment. Payment amounts do not include taxes and insurance so the actual payment obligation will be greater.

The interest rate and points are subject to change without notice. All loans are subject to credit approval by Skowhegan Savings.

*** Excluding loans from Maine State Housing.

Member FDIC l Equal Housing Lender