Mortgages
VARIABLE | ADJUSTABLE RATE MORTGAGES (ARM LOAN)
If you're buying a new home or looking to refinance, a mortgage that offers flexibility along with lower initial interest rates, an Adjustable Rate Mortgage may be your best option.
If you are not sure if this type of mortgage is best for you, just contact us online or visit one of our 10 branches in West Central Arkansas and the River Valley: Mena, Paris, Wickes, Hatfield, Clarksville, Ozark, Waldron, Booneville, and Russellville. We are here to help guide you through the process.
fixed rate mortgages
A conventional mortgage is simply a home loan that is not insured by a federal government agency. For example, FHA and VA loans are not conventional mortgages.
Also known as Rural Development loans. Qualified buyers can use these to buy a home with no down payment.
These mortgages require down payments of only 3.5% for qualified buyers.
Active service members, veterans (and some surviving family members) may borrow up to 100% of a home’s value at a fixed interest rate.