Residential Mortgages

Fixed-Rate Mortgages

Whether a first time home buyer or a long time homeowner, talk to someone you can understand and trust about financing your home with an affordable mortgage over a period of time that fits your needs.

Conventional fixed rate mortgages have a consistent interest rate for their entire term, so your payments remain the same for the life of your loan. A fixed rate mortgage may be right for you, if you prefer to budget a specific payment amount into your monthly expenses.

• Allows for easy budgeting and long-term planning
• When interest rates are low, it allows you to lock in favorable rates for the long term
• Includes jumbo loan financing options

Adjustable-Rate Mortgages

Adjustable rate mortgages (ARM) usually offer lower initial interest rates. After a specified period, these rates adjust annually to a new rate. An ARM may be right for you if you want increased buying power or expect to move or see an increase in income before your mortgage adjusts.

• Offers lowers initial payments
• May allow for a larger loan amount
• Protects you with annual and lifetime rate caps
• May easily convert to a fixed rate loan for the reamining term or be fully assumable

Refinancing

Rates are at historic lows! Now is an ideal time to restructure your mortgage and other debts, freeing your disposable income for other priorities such as education, savings, etc. We make the process quick and easy.

• Pay off your mortgage faster by refinancing to a shorter mortgage term. You can build equity faster and this could save you thousands of dollars in interest over the life of the loan.
• Take equity cash out by borrowing against the equity in your home. Interest rates on mortgage loans are generally lower than other consumer loans or credit cards so you can lower you monthly payment and the interest is usually tax-deductible (consult your tax advisor). The cash can also be used for any number of reasons, i.e., medical expenses, consolidating credit card debt, home improvements, vacations, college tuition, holiday expenses or simply having extra cash on hand for emergencies.