Loan Types

Secure the appropriate Mortgage
Buying a home can be fun and exciting. Figuring out the financing details, not so much. Even though housing prices and mortgage rates gyrate over time, one constant buyers can rely on to stay the same is a fixed-rate mortgage

Home Owners

Fixed Rate Mortgages:

A fixed-rate mortgage has an interest rate that remains the same for the life of the loan. Your monthly principal and interest payments won’t change. Mortgage payments can fluctuate if your property taxes or homeowners insurance change over time. A fixed-rate mortgage is the most popular type of financing because it offers predictability and stability.

Adjustable Rate Mortgages:

An adjustable-rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan. Normally, the initial interest rate is fixed for a period of time, after which it resets periodically, often every year or even monthly. The interest rate resets based on an index and a margin. Please contact us and we will be happy to give you more information on the different type of possibilities available to you.


Not sure what type of loan is right for you and your financial needs? Feel free to contact us for more information.