Fixed rate loans
If you prefer the predictability of a constant monthly principal and interest payment, a fixed rate mortgage loan may be the best option for you. A fixed interest rate protects you from rising interest rates, no matter how high market rates climb. Fixed rate loans are a great choice for homeowners who plan to be in their home for a long time.
- Minimum 5% down payment – THIS CAN BE GIFTED FUNDS
- 20% down payment will avoid PMI (Private Mortgage Insurance) and mandatory escrow
- Competitive fixed interest rates
- Multiple repayment terms available