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Mortgage Products: Home Equity Fixed Rate Mortgage

5, 10, 15 or 20 Year Home Equity Fixed Rate Mortgage

Stability Over the Life of the Loan
Many consumers prefer the stability of both a fixed interest rate and a fixed payment over the life of the loan and take advantage of the no closing costs associated with this mortgage loan.

Consumer Benefits

  • Lock in a long term interest rate with a stable, predictable monthly payment.
  • Borrowers who want to build equity faster should select the shortest loan term they can afford.
  • All origination costs for the mortgage are waived.
  • 20 year mortgage must be first lien.

 

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