Loan Programs

Which loan is right for me?

Years you plan to stay in the house / Recommended program

1-3 - 3/1 ARM, 1 year ARM or 6 month ARM

3-5 - 5/1 ARM

5-7 - 7/1 ARM

7-10 - 10/1 ARM, 30 year fixed or 15 year fixed

10+ - 30 year fixed or 15 year fixed

Loan Programs

Fixed Rate Mortgages

30 year fixed

15 year fixed

Advantages of Fixed Rate Mortgages

* Monthly payments are fixed over the life of the loan

* Interest rate does not change

* Protected if rates go up

* Can refinance if rates go down