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SECONDARY MARKET: 10-30yr Mortgages


Fixed Rate Mortgage

A Fixed rate mortgage is available in a variety of terms. The rate & payment will remain constant for the term of the loan.

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Balloon Mortgage

A short term loan with a balloon payment at maturity providing a variety of options to fit your individual needs. The loan can be amortized over various periods of time and then balloon in a shorter period of time, with the possibility of being refinanced.

Please contact one of our lenders for more information on terms and conditions.

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Adjustable Rate Mortgage

A loan with a rate that will begin fixed for a period of time, and then will become adjustable according to a set index.

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Second Mortgage

A loan that allows you to borrow against the equity in your home.

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Home Equity Line of Credit

A line of credit that allows you to borrow against the equity in your home.

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Construction Mortgage

A loan that allows you to advance funds during the construction period of your home, that will become permanent financing when the home is complete.

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Bridge Loan

A loan to purchase property to the sale of an existing property.

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Security Bancshares Co.

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