Fixed Rate Loans
The most common fixed-rate mortgage is the 30-year fixed rate loan. Fixed rates also come with terms of 10, 15, 20 and 25 years. The advantage of a fixed rate mortgage is that it provides permanent long-term rate security. Typically, it’s the best program for you if you don’t plan to move or refinance your mortgage for at least 7-10 years. Otherwise, an adjustable rate mortgage (ARM) may prove to be more advantageous for you.
26 Londonderry Turnpike, Hooksett, New Hampshire 03106
Licensed by New Hampshire Banking Department, NMLS # 1938 | ME license # SLM3129
MA license # MC 1938 | Vermont Lender # 6207 / Broker # 1016MB | FL license # MLD476 | Loan Decisions