Fixed Rate Home Loans
If you plan to stay in your home for the long term, sleep tight knowing you will have the stability of a consistent payment that never changes. Plan your budget with a consistent mortgage payment at a low rate that will stay the same through the life of your loan.
How They Work
- Monthly payments based on interest rate, principal loan amount, and amortized interest over 30 years
- Your payment will not change throughout the life of the loan
- Your actual payment will vary based on your situation and the current interest rates when you apply
- Pay your mortgage off at any time without pre-payment penalties
Adjustable Rate Home Loans
An Adjustable Rate Mortgage or ARM, carries an adjustable interest rate.
How They Work
- Typically, a borrower will start with a lower interest rate than that of a typical Fixed Rate Mortgage
- The amount of the monthly house payment will adjust and change over time as interest rates fluctuate.
- This loan is perfect for those who only plan to own their home for a shorter time, are planning to pay off the loan within a shorter amount of time or if interest rates are decreasing over time.
Have questions? Give us a call! Amanda and team would be happy to answer all of your questions and get you started today!
Working with Amanda & Team
- We put YOU first.
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans. Amanda & team can help you find the loan that is right for you!!!