Fixed-Rate Mortgages
If you're a prospective homebuyer who would be more comfortable with a set monthly payment for the term of your loan, lock in a fixed rate for your home financing.
- Consistent mortgage payments
- Flexible terms
- Zero point options available
Adjustable-Rate Mortgages
An adjustable-rate mortgage (ARM) usually starts at a lower rate than a fixed-rate loan, which translates to a lower payment for greater purchasing power. This introductory fixed-rate period is then followed by rate fluctuations based on a predetermined margin and a defined index. Interest rate changes are limited, or capped, at each adjustment and for the life of the loan.
- Start with lower payments that will adjust to market conditions at a future specified date
- Periodic and lifetime caps are provided to protect you from market fluctuations
- Zero-point options available
Construction Loans
Building a new home or renovating an existing one? We’ll help you from start to finish. Our construction loan offers special benefits, flexible terms, and competitive interest rates that help make your payments affordable—both while you’re building or renovating and after you move in. Upon completion of construction or renovation, the loan will convert to a fully amortizing mortgage—without the need for a second closing.
- One closing
- Fixed or adjustable rates
- Zero point options available