Fixed4Five
Unlock Flexibility with Our Fixed4Five Mortgage Loan
Experience the best of both worlds with our Fixed4Five Mortgage! Lock in a fixed rate for five years, and then your rate will adjust to match market trends and financial goals.
What is Fixed4Five?
Our Fixed4Five 首页 Loan is an adjustable-rate mortgage (ARM). With an ARM, the initial interest rate is fixed for a period of time. 在那之后, the interest rate applied to the outstanding balance resets periodically; with a Fixed4Five, it will adjust every five years.
ARM 好处
There are many benefits to an ARM over a fixed-rate mortgage:
- Your rate will be fixed for five years.
- Your rate will adjust every five years based on SOFR* but will only adjust up to 5.00% over the loan’s lifetime.
- Available for 30-year mortgages only (With a longer term, your monthly payments will be lower).
Flexible Rates, Stable Future
Take advantage of our Fixed4Five and secure a loan that grows with you. Submit your application and discover how flexible and stable your mortgage can be.
*APR: Annual Percentage Rate for 1st position mortgage. Actual rate determined by LTV, credit score, and term. Rate is fixed for 5-years and then varies with the market based on a margin plus the Secured Overnight Financing Rate (SOFR). Rates will adjust every 5 years after initial adjustment and will not increase by more than 5.00% over the life of the loan. Total costs for limited title, tax service, flood certification and recording fees is $400.00. Loans subject to approval. NMLS ID 462532. Equal Housing Lender.
