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There are a number of reasons to choose an adjustable-rate
mortgage. Most people choose adjustable rate loans to have an initial payment
lower than the payments on a fixed rate loan. You might want to consider our
4/26 ARM product. For the first four years, the interest rate does not change,
and the lower initial payment may allow you to put money in the bank, save for
retirement or just enjoy life a little. |
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HOW MUCH CAN YOU BORROW?
Up to $800,000.
How much you can afford to pay monthly, along with other considerations, can
affect the maximum loan amount we can offer you. There are no minimum loan
amounts*. |
You might think your situation is unusual. But when you
talk to one of our loan officers, like Cheri, you'll feel a lot better. With
all their experience, they can find a solution that works best for you.
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HOW LONG DOES IT TAKE TO REPAY?
With this loan, we offer a 30 year payment term.
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WHAT KIND OF PROPERTY CAN YOU OWN?
Any home that you own -from one to four units - is eligible.
Prefabricated homes and trailers are eligible as well, if they are permanently
installed on land that you own. |
WHAT ARE SOME OTHER CHOICES
At some point in the future, as your needs change, you might
want to consider one of our
First
Mortgage and Second Mortgage programs.
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| *Except where state laws impose minimum loan
amounts and subject to credit approval. |
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