 |
Mortgage Loans to Fit Every Lifestyle
Let us refinance your Adjustable Rate Mortgage. We have competitive, fixed-rate products to fit your needs including:
Home Loan Special of the Week
| 30-year Fixed |
|
| Rate |
APR |
POINTS |
| 6.375% |
6.381% |
0.000% |
|
|
| Contact Lynda Nelson at 425-259-8522 or your branch manager today. |
Home mortgage solutions
Cascade Bank offers many flexible
options to help you finance the home you want. Your loan officer will
help you find the very best solution for you. Some questions to think
about are: How much cash do you have available for the down payment and
closing costs? How long do you plan to stay in this home? And, do you
think interest rates will rise or fall? The mortgage solutions
below all have special features.
Conforming fixed rate mortgages
These mortgages are not guaranteed
or insured by any governmental program. They are defined as "conforming" because they meet the criteria established by the two government-chartered
corporations created to purchase mortgages from lenders: Freddie Mac and
the Federal National Mortgage Association (FNMA or Fannie Mae). Maximum
loan limit for conforming loans is $417,000 for a single-family residence.
Jumbo mortgages
Jumbo loans are similar to conforming
loans except they allow for loan limits that exceed conforming loan
limits of $417,000. Jumbo loans can go as high as $1 million or more,
and are generally priced slightly higher than conforming loans.
Adjustable rate mortgages (ARMs)
Typically ARMs begin at a lower interest
rate which can help you qualify for a larger loan. The rate is adjusted
periodically and the payments may move up or down. If your income will
rise to handle possible increases in monthly payments or if you expect
to live in this home for a short time, consider an ARM.
Construction loans
Financing construction is easier than ever with Cascade's Custom Construction Loans. For more information, visit our construction loans page.
Call us today and see how we can get you moving
For more information:
Home loan process
Homebuyer resources |
