Fixed Rate Mortgage- a loan for which the interest rate does not change over the life of the mortgage

Adjustable Rate Mortgage- a type of loan that has an interest rate that can fluctuate every 1, 3 or 5 years.

It’s debatable over which type of loan works better, depending on your financial situation. If you are trying to determine the Equity in you Home, and need to refinance, it can be difficult to decide which loan would help you the most.

By speaking with one of our lending partners, you will not only know which type of interest rate works best with your situation, but you will also have access to the best rates and lowest down payments. Fill out our contact form and get started on your home loan right now.