Loan Options

LOAN OPTIONS

Find the perfect loan for you.

There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them. Of course, we'll be happy to help you choose the best type of home loan for your needs, but it only takes a few minutes to review your home loan options and get an idea of what might provide the best value for you.

Fixed Rate Mortgage

30-year fixed rate mortgage

Settle down for the long haul with a 30-year fixed rate mortgage. Because of the steady interest rate inherent to a conventional 30-year fixed rate mortgage, you can look forward to consistent monthly payments for many years to come, providing you with peace of mind and a consistent budget. We recommend this type of home loan if you're planning to stay in your home for a minimum of 5-10 years.

More about 30-year fixed rate mortgages

15-year fixed rate mortgage

Pay off your home twice as fast with a 15-year fixed rate mortgage. Your rate stays the same throughout the life of the loan, giving you secure and predictable monthly mortgage payments and less interest on your loan. Get on the fast track to amortization with this home loan option.

More about 15-year fixed rate mortgages

Adjustable Rate Mortgage

Keep your options open with an adjustable rate mortgage (ARM). This type of home loan features an interest rate that changes after a fixed amount of time. ARMs are a great home buying option and typically offer lower interest rates than fixed mortgages and extra protection with rate caps.

*After the initial time period, the rate fluctuates with the market and can go up.

10-year adjustable rate mortgages

Jumbo Loan

Move into your forever home with a jumbo loan. Need a loan that exceeds the current conforming limit? A fixed or adjustable jumbo mortgage can help you make your move. This type of home loan will allow you to buy a lot of real estate and also requires more stringent credit guidelines and a larger down payment.

More about jumbo loans