As part of a monthly blog series, we would like to introduce some of our trusted vendors, suppliers and business partners.
Established in 1827, Saco & Biddeford Savings Institution (SBSI) has been in business longer than any bank in Maine. The bank has branch locations in Saco, Biddeford, Old Orchard Beach, Portland, Scarborough, South Portland and Westbrook.
Wayne Johnson, Loan Officer with SBSI, has an office at Chase Custom Homes & Finance, located at 290 Bridgton Road, Westbrook. He works with customers to understand their needs and goals. He determines the best financing option for the customer and helps navigate the process from loan application to closing.
How long have you been in the industry? What’s the best part of your job?
Wayne: I've been in the industry for over 15 years. The best part of my job is being able to work with customers and helping them achieve their goals of buying a home.
What are some of the benefits of working with SBSI?
Wayne: As an independent community bank, SBSI offers local underwriting, local processing and local appraisers. You'll benefit from this local-level accessibility and you will work directly with me as your main contact person from the application to closing and after closing.
How can SBSI help first time buyers?
Wayne: We offer a 5% down payment for First Time Home Buyers (FTHB) with no need for PMI (Private Mortgage Insurance). It compares very strongly vs FHA and other FTHB loans that usually require PMI.
What do you enjoy about working with Chase Custom Homes and their customers?
Wayne: The people at CCHFI are amazing to work with. It's also fun to watch construction progress on a new home from beginning to end.
Thinking about starting the home buying or building process? Contact Wayne Johnson (NMLS #365170) to learn more about pre-approval and the loan application process.
Visit SBSI online: www.sbsavings.bank