Fixed Rate Mortgage

With a fixed rate mortgage, you know exactly what your interest rate and monthly payment will be for the life of the loan. So if you prefer a steady, predictable payment schedule, this type of loan may be right for you.

Loan features:

• Principal and interest payment will not change over the life of the loan
• Loan terms are variable to meet your needs

Consider a fixed rate loan if:

• You plan to be in your home longer than ten years
• You expect interest rates to rise while you are in your home
• You have a fixed income
• You want to feel secure about your monthly payment responsibilities