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Mortgage Loans
- Fixed rate mortgage loans
- Adjustable rate mortgage (ARM) loans
- Streamlined loan rate revision options
- One-time closing construction loans
- Home equity loans, including installment and line-of-credit loans
- Higher LTV financing may be available with private mortgage insurance (subject to qualification )
Construction Loans
- One-time closing
- One up-front interest rate
- One set of closing costs
- Minimal-to-no inspection fees (when applicable)
- Draws are typically processed same- or next-day (after required documentation is received )
Loan Benefits
- Competitive market-based interest rates
- Low closing costs
- Loans are not sold and decisions are made locally
- Bi-weekly and other partial payment options are available
- No prepayment penalties on any loan
- No points on mortgage loans
- Simple daily interest (all loan accounts are computed on a 365-day accrual basis)
- Electronic loan payment
All loans are subject to credit approval. Terms, conditions, and property eligibility requirements apply.
