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Fixed Rate or Adjustable Rate Mortgage? To find the perfect residential mortgage, look to your Heart Smart Banker. He’s got competitive rates, on fixed or adjustable rate mortgages, jumbo mortgages, reverse mortgages, even bi-weekly mortgages.
For more information call 1-800-U-N-CENTER
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Fixed Rate Mortgages
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A Fixed Rate Mortgage sets your interest rate for the life of the loan and protects you against rising interest rates. Various rates and terms are available.
For more information call 1-800-U-N-CENTER
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Adjustable Rate Mortgages
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(ARM’s) feature rates that adjust periodically according to changes in a specific financial index. Rates adjust periodically based on the term you select. Should interest rates rise sharply, you are protected by a cap that establishes an interest rate ceiling for each rate adjustment as well as for the entire life of the loan.
For more information call 1-800-U-N-CENTER
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Jumbo Mortgages
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Rates and terms available up to $1,500,000.00.
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Reverse Mortgages
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A home loan that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month. The cash you get from a reverse mortgage can be paid to you in several ways: all at once, in a single lump sum of cash, as a regular monthly cash advance, as a credit line account that lets you decide when and how much of your available cash is paid to you or as a combination of these payment methods. No matter how this loan is paid out to you, you don’t have to p ay anything back until you die, sell your home, or permanently move out of your home. To be eligible you must own your home and be 62 years of age or older.
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