Which Mortgage is Right for You?

Explore our mortgage rate options and loan programs to find the best fit for your needs.

Mortgage Rate Options

Fixed Rate Mortgage

The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime.

Adjustable Rate Mortgage (ARM)

Adjustable-rate mortgages include interest payments which shift during the loan's term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set initial period, then adjust periodically based on an index.

Interest Only Mortgage

Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specific period of time.

Graduated Payment Mortgage

Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and then level off for the duration of the loan.

Loan Programs

FHA Home Loans

FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.

VA Loans

VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement.

USDA Loans

If you're looking to buy a home in a rural or suburban area with no down payment and minimal investment, you might consider the USDA Rural Development Loan.

Jumbo Loans

A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is set by the Federal Housing Finance Agency.

Home Equity Loans

A home equity loan allows you to borrow against the equity you have built up in your home. These loans can be used for home improvements, debt consolidation, and other major expenses.

Reverse Mortgage

A reverse mortgage is a loan available to homeowners 62 years or older that allows them to convert part of the equity in their home into cash without having to sell their home or pay additional monthly bills.