Home Purchase

Happy couple hugging young girl on couch

Fixed-Rate Mortgage

With a fixed rate mortgage, your principal and interest payments stay the same for the life of the loan—a good choice if you’re planning to stay in your home for a long time. Choose from varying year terms, such as 30 year or 15 year.


Adjustable-Rate Mortgage

Adjustable rate mortgages (ARM), also known as variable rate mortgages, have varying terms to maturity where your interest rate and monthly principal and interest payments remain fixed for the initial pre-determined period of time, once the fixed period expires the interest rate adjusts annually based on a rate index.


Jumbo Loans

For loans over $510,400, we offer jumbo mortgages, also called non-conforming loans. Jumbo financing options include fixed and adjustable rate mortgages, with a range of terms to accommodate your immediate and long-term financial plans.

Haga clic aqui si desea consultar con alguien en Espanol acerca de opciones de Hipoteca.

Other Articles of Interest


How Escrow Accounts Work

When you purchase a home with the help of a lender, the lender will likely set up an escrow account for ...


Down Payment Assistance Programs

For those at the low-to-moderate-income level, the most substantial barrier to homeownership are the closing costs and a down payment associated with ...


Down Payment Strategies for First-Time Home Buyers

The idea of buying a first home is exciting. Coming up with a sizeable down payment, however, can feel like an insurmountable task. That is especially true ...


How Home Construction Loans Work

Home construction loans provide families and individuals with the ability to finance new home construction projects ...

Los Documentos y formularios que prevemos para abrir y mantener su cuenta, Con Salem Five, son proporcionados en inglés.