HomeTown Bank has a variety of loan products available to help you with your home financing needs including fixed rate mortgages for up to $2.5 million!
These “Jumbo” mortgages are fixed rate home loans that exceed the typical conventional loan limits of $484,350 for a single family home.
These mortgages are available to qualifying borrowers whose primary residence or second home meet underwriting guidelines.
With the fixed rate option on these higher value properties, borrowers are able to lock in a low rate for up to 30 years and eliminate the risk of their payments increasing over time potentially saving thousands of dollars in interest.
Whether you are looking to purchase or refinance your dream home or lake property, contact your local HomeTown Bank lender to learn more about Jumbo mortgage options.