your fixed-rate mortgage to purchase or refinance a home. Why choose a fixed-rate mortgage?
You want a stable monthly payment
You believe interest rates could rise in the next few years
You plan to stay in your home for many years
Adjustable-Rate Mortgages
Get a lower rate today
Get a low interest rate for an initial payment period (1, 3, 5, 7, or 10 years) with an adjustable-rate mortgage. Use your adjustable-rate mortgage to purchase or refinance a home.
Why choose an adjustable-rate mortgage?
You want lower initial monthly payments than a fixed-rate mortgage usually offers
You plan to own your home for only a few years
You think interest rates may fall in the next few years