Mortgage Center
Utilize our online mortgage tools, learn about our loan programs, and view current rates. An experienced loan officer will guide you through the often difficult and confusing process of choosing and getting the exact loan to meet your specific needs.
Mortgages for Buying a Home
Congratulations on your decision to buy a new home! There are many important things to consider throughout the process, especially if you’re a first-time home buyer.
Our first-time buyer options are designed to make your dreams of home ownership come true. Speak with one of our experienced lenders and allow them to be your trusted guide through the process.
Features
- Up to 100% financing options available
- Low to no down payment required (product specific)
- Low, fixed interest rates
- Income and purchase price limits may apply
- Terms up to 30 years
Refinancing for Existing Mortgages
Refinancing your existing mortgage can help lower your monthly payments, speed up your payoff date, or free up equity. Every situation is unique and we are here to help. To see if refinancing is right for you, consult our mortgage calculator or speak to one of our expert lenders today.
Features
- Low interest rates
- Low points
- Competitive closing costs
- Available fixed rate terms to fit your needs
Mortgages for New Home Construction
Sometimes, your dream home doesn’t exist—you have to build it. We’re right there with you, with flexible financing that can help you turn your vision into reality. Speak to one of our expert lenders today.
Features
- Eligible properties, 1-4 family owner-occupied properties, second homes and investment properties
- 1 or 2 times closing options available
- Unlimited draw requests - no minimum amounts*
- Experienced and knowledgeable loan officers to guide you through the process seamlessly
- All our loans are made (and serviced) here in Vermont
- General Contractor may not be required (contact our lenders for details)
* Unlimited draws are up to an approved amount
Home Renovation Loans
Do you want to add an addition or complete home improvements? Our Renovation Loan allows homeowners to borrower based on what the house is expected to be worth after the home renovations are completed. A Renovation Loan would be a suitable option for borrowers looking to retain their existing first mortgage or for borrowers looking to take out a second mortgage and finance funds for renovations based on “Subject to Completion” values.
Features
- Eligible properties, Primary residence, investment properties, second homes, Condominiums, PUDs and Manufactured homes
- No Loan Admin Fee
- Only 1 loan closing required
- Unlimited draw requests – no minimum amounts*
- General Contractor may not be required (contact our lenders for details)
* Unlimited draws are up to an approved amount
Home Equity Loans & Lines of Credit
Your home may be your largest asset and PTC can help you utilize it. Access the benefits by using the equity in your home to pay for home remodeling, educational expenses, weddings, your next vehicle, and more. These loans are a great way to be prepared for unexpected expenses like major household repairs.
PTC offers you a choice of a fixed-rate Home Equity term loan or our Home Equity Line of Credit (HELOC) that offers a fixed or variable-rate option. Speak to one of our expert lenders today.
Features
- Access funds when you need to
- Low interest rates
- Streamlined closing process
| Product | Balance Due at End of Loan | Closing Costs* | Annual Fee | Disclosure for Review |
|---|---|---|---|---|
Home Equity Lines of Credit - HELOC Interest only during a 10 year draw period followed by fully amortized 10 year repayment term | If you make the minimum monthly payment during the term of your loan on or before the due date, the loan will be paid in full after the repayment period ends | 0.00* | None | Fixed HELOC Disclosure |
Important Notices: *Generally, all associated fees are paid by PTC unless an appraisal or subordination is required. Typically, an appraisal is required if your Loan to Value (LTV) exceeds 60%. The fees for an appraisal may range from $450 – $650. A subordination fee could be required. These fees range from $100 – $300. Property insurance is required.The minimum loan amount is $10,000 and maximum is the lower of the combined first and second mortgage loan balances totaling $417,000 or a combined Loan to Value not to exceed 80%.
VA Mortgages
First, thank you for your service!
Veteran’s Administration (VA) is a mortgage loan program established by the United States Department of Veteran’s Affairs to help veterans and their families obtain home financing.
Purchase or refinance your VA loan through Peoples Trust Company.
Features
- No down payment (Purchase only)
- No PMI
- Quick Approval process
Mortgage Lenders
At Peoples Trust Company, our mortgage lenders care about your financial needs. Our experienced professional lending staff is highly trained in the best practices of lending, credit, and banking. We will walk you through the application process with a level of respect, service, and attention you won't get at any other bank.
Whether it is your first home or a vacation property, we can help. To begin a mortgage loan application, you may contact one of the following lenders listed below, Apply Online, or visit a branch most convenient for you.
Mary Larivee
Mortgage Lender
- Direct Line
- 802-752-1214
- Main Line
- 1-800-479-2196
- Fax
- 802-752-1806
- NMLS ID
- 443023
- MLarivee at ptcvt dot com
Elaine Nester
Mortgage Lender
- Direct Line
- 802-752-1844
- Main Line
- 1-800-479-2196
- Fax
- 802-752-1806
- NMLS ID
- 929565
- ENester at ptcvt dot com
Carisa Ledoux
Business & Mortgage Lender
- Direct Line
- 802-752-1847
- Main Line
- 1-800-479-2196
- NMLS ID
- 1727433
- CLedoux at ptcvt dot com
- Fax
- 802-752-1806
Angela Poirier
Mortgage Lender/Chief Loan Specialist, SVP
- Direct Line
- 802-752-1213
- Main Line
- 1-800-479-2196
- NMLS ID
- 1025928
- APoirier at ptcvt dot com
