For a conventional mortgage with built-in peace of mind, opt for a fixed rate mortgage. What’s fixed? Just about everything. Your interest rate and monthly mortgage payment will never change throughout the entire life of the loan—for as long as 30 years. This may be a good choice if you:
Apply online and get $100 at closing*!
To get started simply:
*$100 will be deposited into a Northern Credit Union deposit account at the time of mortgage loan funding.
This mortgage’s name almost says it all: It starts with a lower initial interest rate that’s fixed for a set period of time. After that, the rate adjusts based on market conditions—but there is a cap to prevent it from increasing too much all at once. An adjustable rate mortgage may be a good choice if you:
Apply online and get $100 at closing*!
To get started simply:
*$100 will be deposited into a Northern Credit Union deposit account at the time of mortgage loan funding.