Residential
Real Estate Mortgages

We offer adustable rate mortgages for:

  • Single-Family Residences.
  • Condominiums.
  • Townhouses.
  • Duplexes.

Traditional Adjustable Rate Mortgage (ARM)

A traditional ARM (which includes Initial Fixed ARMs, Hybrid ARMs and Intermediate ARMs) is an adjustable interest mortgage that begins with an initial fixed rate period of three or five years. After this initial fixed period, the interest rate adjusts according to the LIBOR index.

Features

  • 3/1 ARM – Fixed rate for three years; adjusts annually thereafter.
  • 5/1 ARM – Fixed rate for five years; adjusts annually thereafter.

Equal Housing Lender

DISCLOSURE

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.