Fixed Rate Loans

 

Fixed rate loans lock in a specific interest rate for a defined period of time.  Varying time frames for repayment are available with a wide range of terms. Among the most familiar time frames are 30-year-fixed and 15-year-fixed loans, but other time frames often are available. Usually the monthly payment will be higher for shorter terms, but, of course, the loan is retired sooner.

 

Alternatively, some homebuyers choose an adjustable rate mortgage (ARM). Instead of a fixed rate for the length of the loan, adjustable rates change in time increments.

 

Your Amerihome Lending mortgage planner can help you choose the loan that best fits your financial situation. Call us today at 240-207-2800 for information on current rates and the types of loans suitable for your needs.

 

 

Strategic Service Partners

Amerihome Lending

110 North Washington Street

Suite 402

Rockville, MD 20850

240.207.2800 tel

240.207.2801 fax

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