Mortgages

A mortgage is an arrangement between you and a lender that enables you to borrow money to buy or refinance a house and provides the lender the right to seize the home if you fail to repay the loan.

Process

Types

Rates

Lenders

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Mortgage Process

The mortgage process includes several key stages: pre-approval, appraisal, application, and closing. Pre-approval is a preliminary assessment of credit worthiness and income by the lender. Appraisal is when a licensed professional assesses the value of the property. Application is when a formal loan application is submitted and reviewed by the lender. Closing is when the loan funds are disbursed and the borrower takes owner ship of the property.

Mortgage Types

A comprehensive guide to various mortgage types including fixed-rate, adjustable-rate, interest-only, and government-insured loans. Each type comes with unique features, benefits, and considerations, aiding borrowers in making informed decisions that align with their financial situation and homeownership goals.

Mortgage Rates

A mortgage rate, sometimes known as an interest rate, is a part of the cost to borrow money from a lender. You pay the interest on your loan as part of your monthly mortgage payment and the amount you pay in interest is determined by your interest rate.

Mortgage Lenders

A mortgage lender is a bank or business that supplies borrowers with home loans. A mortgage lender offers the financing necessary to purchase a property. Each month, you make payments toward the sum of your loan plus interest.

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Stay Up To Days with Today’s Latest Rates

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN