Experience the assurance that predictable payments offer. This popular home financing option features an interest rate that will remain the same throughout the entire length of the loan. This means payments will be predictable and budgeting will be easier. A variety of loan terms with competitive rates are available. Work with an experienced lender to explore all of your options.
- Lock in a low interest rate that will remain consistent for the life of the loan.
- Predictable payments allow you to budget better.
- Overall interest is higher on a longer-term loan compared to a shorter-term loan.
- If you choose an interest-only option, you cannot build equity through monthly interest-only payments without making voluntary principal payments during the interest-only period.