WHY GET A FIXED RATE LOAN?
Today's interest rates are near the lowest they have been in 40 years! The Federal Reserve has dropped their benchmark interest rate to 3.0% and mortgage rates are coming down too. Fixed rate loans are our most popular mortgage today and may be your best bet if ...

• You want stable monthly payments that will never change
  If you like low monthly payments and do not like taking a risk with your house, the fixed rate loan is best for you -- there is no risk with this loan. As long as you continue to pay your mortgage, there will be no change at all to the loan terms or payment due.
  
• You want to own your home free-and-clear
  Your goal is long-term ownership or you want to pay off your mortgage completely.
  
• You like to choose how long it takes to pay off your loan
  Most fixed rate mortgages are available in 10, 15, 20 and 30 year terms. Some mortgages we have are available in 40 and 50 year terms as well!

NEW FIXED RATE LOANS
There are some new 30-year fixed rate programs you should know about. Recently many lenders began offering a new type of fixed rate loan. There are two varieties, and they both have a fixed interest rate for the entire 30 years. What makes them different is that your payments are lower than a traditional fixed rate loan for the first 5 or 10 years.

QUICK LINKS
FIXED RATE LOANS
Adjustable Rates
Option ARMs
Subprime

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SUPER JUMBO
100% Financing
Stated Income
Interest Only

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TODAY'S RATES
• Flexible Payment Option -- 30-year fixed
  For the first 5 years of the loan you have 3 payment options -- just like a traditional Option ARM without the risk of changing interest rates. Your interest rate is fixed for 30 years.

• Interest Only -- 30-year fixed
  For this loan, your monthly payments are interest-only for the first 10 years. Starting year 11, you will begin to pay back the principal. This keeps your payments low for a full 10 years while giving you 100% protection against rising interest rates.