|
Mortgage Services
|
|
|
|
|
|
Loan Types
|
|
|
|
|
|
Fixed Rate Mortgage Loans
|
|
Fixed rate mortgage loans are still the most common mortgage
loans for a simple but important reason—stability! The
interest rate on your mortgage loan remains set throughout the
entire loan period, which can range from 15, 20, or 30 years.
Although there is a sense of security with a fixed-rate
mortgage loan, you can potentially end up paying a lot of
money towards your mortgage interest. This is why in the last
few years there has been a trend towards adjustable
rate mortgages (ARMs) such as Option
ARMs.
This trend not only involves primary mortgages, but also
families who have acquired a second mortgage through
refinancing. Many people taking a first mortgage opt for an
ARM loan. Make sure to contact First Atlantic to find out if a
fixed rate mortgage is right for you, or apply
now for a Fixed Rate Mortgage Loan to check out our great
rates for yourself.
|
|
|
|
ARM
Loans
|
|
| Adjustable-rate
mortgages (ARM) are indexed-based mortgage loans. They provide extra
payment flexibility and offer interest rates as low as 1%. |
|
|
|
Mortgage
Calculator
|
|
|
|
|
|
More Loans
|
|
|
|
