Fixed Rate Mortgage
You can own a home with a down payment of as little as 5%.
The Fixed Rate Mortgage offers a fixed interest rate for one-, two-, three-, four-, five-, six-, seven- and 10-year terms. Fixed Rate Mortgages give you the security of knowing that your interest rate won't change during the term you select. You can even increase your payments without affecting the interest rate you pay. That's just one of the ways you can be mortgage-free faster.
| Term |
One, two, three, four, five, six, seven and 10 years |
| Interest Rate |
Fixed for the full term selected |
| Financing Available |
Conventional and high-ratio |
| Payment Options |
Weekly, biweekly, semi-monthly, monthly |
| Rapid Paydown |
Payments can be increased by up to 100% over the term without charge |
| Prepayment Option |
Up to 15% each year |
|
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