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Mortgage Rates

Let’s make your dream home a reality.

With your purchase, yes you will be gaining a home, but you will also be building a strong credit history as you make on-time mortgage payments.

Over time, the result of your payments (reducing principal on your home), you will build home equity. Home equity can be used for things like home improvements, vacations and college education.

Loan Options Include:

Special Programs Available:

Learn more about special programs created for first-time home buyers.

Learn more about the home-buying process.

Meet a team member to discuss in-depth payment scenarios, as well as what products would best fit your financial situation.

Not everyone will qualify for these rates. Subject to underwriting and approval.


Loan Options

Conventional Fixed

Features: Low cost associated borrowing with traditionally lower rates.
Loan Length: You have four loan-term options: 30 years, 20 years, 15 years and 10 years.

Long-Term Options

When compared to a short-term loan, you would typically see a lower payment over the longer term, with a higher interest rate. Our mortgage calculator can show you the interest breakdown over time.

  • 30-Year Loan
  • 20-Year Loan

Short-Term Options

By reducing the amount of interest you pay over the life of your loan, you would typically see a higher payment over a shorter term. Our mortgage calculator can show you the interest breakdown over time.

  • 15-Year Loan
  • 10-Year Loan

Rate Option

  • Fixed: A fixed-rate mortgage will provide you with consistency and security when paying your monthly principal and interest payment that will not increase due to your locked interest rate.
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Adjustable Rate Mortgages (ARM)

Features: Low cost associated borrowing with traditionally lower rates. Rates can adjust to lower amounts, without the need to refinance. Rates can also increase and stay the same.
Loan Length:  You have one loan-term option: 30 years

  • 30-Year Loan

    All adjustable-rate mortgages are amortized over 30 years, but can be paid off early with no penalty.

    Unlike a fixed-rate mortgage the payment recalculates at each adjustment period based on the loan balance and remaining term.

    For details on these adjustments contact your local mortgage lender.

Rate Option

  • Variable: A variable interest rate can provide you with a low interest rate. This rate changes over time and these changes will affect your monthly payment amounts. Rate adjustments include increases and decreases.
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FHA/USDA/VA

Features: Low to zero down payments and insured or guaranteed by the following government agencies: Federal Housing Authority (FHA), Veterans Administration (VA), or USDA.

Availability:  Each product will have its own set of restrictions. Contact your local mortgage lender for full program details, availability and qualifiers.

Limits: There are limits to FHA loan amounts; however, most typically cover a “traditional” home mortgages. Contact your mortgage lender for limits in your area.

Loan Length:  You have two loan-term options for FHA and VA: 30 years and 15 years; and you will have one-term option for USDA.

  • 30-Year Loan (USDA, FHA and VA)

    When compared to a 15-year loan you would typically see a lower payment over a longer term.  Our mortgage calculator can help you test payment scenarios.
  • 15-Year Loan: (FHA and VA only)

    By reducing the amount of interest you pay over the life of the loan, you would typically see a higher payment over a shorter term. Our mortgage calculator can show you the interest breakdown over time.

Rate Option

  • Fixed: A fixed-rate mortgage will provide you with consistency and security when paying your monthly principal and interest payment that will not increase due to your locked interest rate.
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Purchase Money Seconds (80-10-10)

Features: No private mortgage insurance (PMI) with down payments of 10% or more.  They can be combined with a first mortgage of 80%.

Loan Length: You have two loan-term options: 30 years and 15 years.

  • 30-Year Loan

    When compared to a 15-year loan you would typically see a lower payment over a longer term.  Our mortgage calculator can help you test payment scenarios. The 30-year option is for an adjustable-rate loan only.
  • 15-Year Loan

    By reducing the amount of interest you pay over the life of the loan, you would typically see a higher payment over a shorter term. Our mortgage calculator can show you the interest breakdown over time. The 15-year option is for a fixed-rate loan only.

Rate Options

  • Variable: A variable interest rate can provide you with a low interest rate. This rate changes over time and these changes will affect your monthly payment amounts. Rate adjustments include increases and decreases.
  • Fixed: A fixed-rate mortgage will provide you with consistency and security when paying your monthly principal and interest payment that will not increase due to your locked interest rate.

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Jumbo Loans

Features:  Receive competitive rates and terms if your loan amount will exceed $417,000. These loans are classified as Jumbo Loans. Contact your mortgage lender for more information.

Loan Length:  You have three loan-term options: 30 years and 15 Years.

  • 30-Year Loan

    When compared to a 15-year loan you would typically see a lower payment over a longer term.  Our mortgage calculator can help you test payment scenarios.
  • 15-Year Loan:

    By reducing the amount of interest you pay over the life of the loan, you would typically see a higher payment over a shorter term. Our mortgage calculator can show you the interest breakdown over time.

Rate Options:

  • Variable: A variable interest rate can provide you with a low interest rate. This rate changes over time and these changes will affect your monthly payment amounts. Rate adjustments include increases and decreases. Examples would be: 7/1, 5/1 and 3/1.
  • Fixed: A fixed-rate mortgage will provide you with consistency and security when paying your monthly principal and interest payment that will not increase due to your locked interest rate.

Taxes and Insurance

  • Escrow
    Your real estate taxes and property insurance payments are known as escrow. These payments are typically included in your mortgage payment, along with your principal and interest; however, you can choose to pay your own taxes and insurance if you meet certain criteria. This amount is subject to change based on your tax and insurance rates.
  • PMI
    Definition: Private mortgage insurance or PMI allows you to have a down payment of less than 20%. The cost can vary based on the following factors: down payment amount, type of mortgage and credit score.