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30/15-Year Mortgage

Description

Conventional 30-year fixed mortgage that is fixed for 15 years and is subject to a one time re-pricing at the end of the initial 15-year period.

Benefits

This mortgage is great for somebody expecting to be in a home for many years. It requires a minimal down payment and has lower rates than the 30-year fixed mortgages. It is not limited to Fannie Mae’s maximum loan amount, and has expanded approval criteria.

Purpose

Purchase / Refinance

Collateral

Home / 1-4 Units

Amount

Up to $750,000

Based on property type, loan-to-value, and owner-occupation and PMI requirements

Term

30 Years

Check out our great rates!

How to Apply

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