Fixed Equity Mortgage
We offer mortgage products that provide you with fixed monthly payments, shorter terms, no annual fees and low closing cost. This loan product can be a first or second mortgage and is tied to the equity in your home. You decide on the amount of money you need to borrow for a one time disbursement. We will help you choose a term that fits your budget. Make your payments as agreed and have the peace of mind knowing, at the end of the term, you will have paid your loan in full; no ballooning balances.
Rates are based on the credit score, LTV (loan-to-value) and debt-to-income ratio of the applicant. The content of this page is informational only. Closing cost can vary depending on the loan amount. All loan types are subject to underwriting and credit guidelines. The terms of the accounts, including any fees or features, may change without notice. Other restrictions may apply.