Adjustable and Fixed Rate Conventional Home Loans

Adjustable Rate Conventional Home Loans

An adjustable-rate mortgage has a variable interest rate after an initial fixed period. Once the fixed-rate period ends, your interest rate will adjust based on the market. There are limitations to the rate increase giving you an extra layer of security for your rate adjustment.

Adjustable-rate loans can be a great choice while tradition fixed rates are high or if you plan to sell your home in a few years. The underwriting is in-house and all servicing is kept at The FNB Community Bank, where we are local lenders making local decisions.

Apply Today for an Adjustable Rate Conventional Home Loan!

Fixed Rate Conventional Home Loans

A fixed-rate mortgage provides a customer with a long-term, fixed rate over the life of the loan. Fixed-rate mortgages are available in various terms from 10 to 30 years to meet your needs. Qualified applicants can purchase a home with a down payment as small as 3%.

Fixed rate mortgage is a great option to lock in your rate for an extended period of time especially when interest are on the rise. Fannie Mae guidelines apply.

Apply Today for an Fixed Rate Conventional Home Loan!