Information About Mortgages

Everything you need to know about researching, getting, and having a mortgage.

Owning your own home opens so many doors. You get to make all the decisions about your living spaces, from paint color and flooring, to additions and appliances. You can even build equity towards future purchases. Before you can get there, however, there is a lot to know about mortgages. North Country Savings Bank has professional advice and tips to things a little easier for you. Happy home buying!

First time homebuyers receiving keys to new house

Imagine a world in which you're your own landlord. You can paint the walls any color you want, hang pictures with actual nails, have a spare bedroom for guests, and a big deck perfect for backyard barbeques. That's what you have to look forward to when you own your own house.

Mortgage Your First Fixer Upper

You've spent years watching HGTV home renovation shows, scrolling through DIY projects on Pinterest, and drooling over Insta-perfect houses. Now it's time to stop dreaming and start tackling your own fixer-upper! But where do you begin?

couple in new home

Buying your first home is a very exciting time! Crunching the numbers to figure out what you can afford is taxing though.

home equity image

First off, what is home equity? Home equity is the difference between your home's value and the amount you still owe. Homes, unlike cars or boats, naturally gain equity over time, especially if you, the homeowner, do any sort of work on it to increase the value.

The market fluctuates, interest rates may increase, and new tax reform means everyone is waiting to see what happens at tax time. 

If you've recently decided to take the plunge into homeownership, you might be wondering where to start the process, especially if you are a first-time homebuyer. Step one is to ensure you are financially ready to take on a mortgage.

money loans weighing down a graduate

Millennials are dealing with significant student debt – the average class of 2016 graduate has over $37,000 in student loans. Paying off student debt has put home buying on the back-burner for many recent grads, and in some cases has hindered their ability to be approved for a mortgage.


Buying a new home is a big financial commitment. With so many lenders, different interest rates, and fee structures, it can be difficult to know which lender is offering the best price.

Person in need of help with refinancing their home

With refinancing applications on the rise, the amount of closing time lenders are requesting from borrowers has extended beyond the commonplace 30-day period, sometimes to 45 or even 60 days. Staying on top of your refinancing paperwork is more important than ever.

Spring has finally arrived – and as the weather starts to heat up, so does the homebuying market. Before things get too hot to handle, spring marks the perfect time to start preparing to buy a home if you're looking to make a purchase during the hectic summer season.