#10 Your loan is booked and serviced by a local lender — you won’t be dealing with an out-of-town phone representative.
#9 JHFCU is known for superior, professional service — you can trust us to listen.
#8 You can take advantage of tax credits — both for new buyers, and for those who wish to “trade up” to a different house.* (Note: tax credits expire soon. You must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010.)
#7 You get a lower rate — equal to the one offered on our 15-Year Fixed Rate Mortgage.
#6 You get a lower payment with the 30-year-term as the payments are amortized over the longer period and thus affordable — giving you flexibility within your budget.
#5 Your rate is locked in for 10 years, providing you the security of a fixed payment for a longer time than
other ARMs.
#4 Annual adjustments after the initial 10 years are capped at 2%.
#3 You can borrow as little as $50,000.
#2 You can borrow up to $417,000; higher amounts are available at a different rate. (Ask for details.)
#1 You will get $1,000 towards closing!** (That’s TEN $100 bills)
JHFCU’s 10-1 ARM really is the best of all worlds: a longer term, a lower rate, and long-term security. Now is the time to apply to take advantage of our $1,000 rebate and the government tax credits.
For current rates and details, contact our Loan Department at 410-534-4500 or our mortgage processing partner, Financial Security Consultants, at 410-823-3300.
Homeowners and flood insurance (if applicable) are required. *Consult your tax advisor for details.
**Offer available for a limited time and subject to change. Some restrictions apply.
