This is the most common type of mortgage financing.  Your mortgage loan will be repaid over a 30 year loan term.  Your monthly principal and interest payment is fixed for the loan term.  This loan option should be considered when you plan to live in your home for a prolonged period of time.  See our side bar for current rates.

This fixed rate loan option should be considered if you would like to consider paying off your home loan in a shorter period of time.  Typically, the interest rate associated with this loan is slightly lower than a 30 year fixed rate loan due to the shorter loan term.  You build home equity at a faster pace than a traditional 30 year fixed rate loan.

This is a great option for those individuals that have the financial capability to handle a higher monthly payment.  The monthly payment is higher due to the shorter loan term.  However, your interest rate is typically lower than longer term fixed rate loans.  This is a home equity builder loan.  Let's discuss your situation and determine if this option makes sense for you.

Adjustable Rate Mortgages commonly known as ARM's may be the perfect choice for you depending on your situation.  If you plan on living in your home for a limited period of time then we should discuss ARM options that relate to your anticipated time you plan on living in your home.  Interest rates for ARM products are typically lower than most fixed rate loans.  Again, this may be the option for your home purchase or your investment property purchase.  Let's discuss your specific situation and see.