Fixed-Rate Mortgage
The interest rate remains fixed for as long as you hold a fixed-rate mortgage, no matter how interest rates change in the financial markets. You know precisely how much you will pay each month in principal and interest. These mortgages are offered for various terms.

100% Loan
A 100% mortgage eliminates the need for a down payment on a home, enabling you to purchase a home sooner.

Adjustable-Rate Mortgage (ARM)
Also known as variable rate loan, the ARM usually offers a lower initial rate than fixed-rate loans. The interest can change at specified time periods based on changes in an interest-rate index that reflects current finance market conditions. The ARM promissory note states maximum and minimum rates.

Balloon Mortgage
This mortgage is offered for a shorter term. A balloon mortgage has lower monthly payments, with a final large payment - the “balloon" – due at the end of the term. At that point, the balloon may be extended.

Construction Loan
During construction, your monthly payment consists only of interest on the outstanding balance. Upon completion of the construction, your construction loan will convert to a balloon or a long term fixed-rate mortgage.

Home-Equity Loan
This loan allows you to take advantage of the equity you have built in your home. You may use a home-equity loan for any purpose, including home improvements, education, vacations, vehicles, and debt consolidation. Best of all, the interest you pay may be tax-deductible; consult your tax advisor.

Other Mortgage Products
We also offer FHA, VA, First-Time Homebuyers and other special loan programs.