Whether you're looking for an Adjustable or Fixed rate mortgage, make your home buying or refinancing experience a pleasant one. We offer a variety of mortgage plans designed to meet your needs, including adjustable rate and fixed rate products.
After your loan is closed you can be sure that you will continue to receive the personal service that brought you to Boiling Springs in the first place. When we close a loan we make a commitment to our customer to service their loan for as long as they have it. We will be here to serve you and to answer your questions for the life of the loan.
Fixed Rate Mortgages
Since the rate on a Fixed Rate Loan remains in effect over the entire term of the loan, this type of mortgage gives you the benefit of having the same principal and interest payment over the lifetime of the loan. A fixed rate mortgage loan also provides the following benefits:
- Competitive rates
- Available in various terms.
- Owner occupied, multi family, commercial or investment properties
- Free 90 day rate lock
- No points
Adjustable Rate Mortgages
When you choose an Adjustable Rate Loan, your rate changes periodically based on the adjustment term you choose. If you plan on moving in a few years, or if you think interest rates will be going down, you may want to consider an adjustable rate loan, since monthly payments may be lower.
Some features of the Adjustable Rate Mortgage:
- Competitive rates
- Available in various terms.
- Owner occupied, multi family, commercial or investment properties.
- Free 90 day rate lock
- No points.
- Annual interest rate caps.