A fixed rate mortgage has the same interest rate and monthly payment throughout the term of the mortgage. The payment is calculated to payoff the mortgage balance at the end of the term. The most common terms are 15 years and 30 years.
- Single family residences which shall include townhouses and condos.
- Two to four family properties.
Additional information regarding possible closing costs associated with your home purchase can be found by viewing the Shopping for your home loan - Settlement Cost Booklet.
Please contact a local Mortgage Consultant today to discuss your purchase, refinance, or construction mortgage options!
**All loans are subject to credit approval.