Whether you are a first-time home buyer looking to (finally!) move out of your parents’ house, or an experienced home buyer interested in downsizing, there are guidelines you...
Contour Mortgage will help you buy even more home than you already have. Whether your family is expanding and you need the extra room, or you are looking for a house to just get away from it all, our programs are tailored to suit your needs.
If you prefer a consistent payment over a very long period of time with no surprises, fixed loans are the best choice for you. The peace of mind of a fixed-rate loan offsets what could be a slightly higher long-term payment. When rates are very low, refinance from an adjustable rate loan into a fixed-rate loan to lower your monthly payment or convert the uncertainty of an adjustable rate to a reliable fixed-rate.
Better news! If you have a large Home Equity Loan or high interest credit cards that are not fixed, you have the option of refinancing them all into one fixed-rate loan. This can save you thousands of dollars in the long run.
Most ARM products offer low introductory rates that are fixed from one to 10 years - after which it adjusts either annually or every six months for the life of the loan. Our ARM programs come with a lifetime rate cap, which means that your rate will never go above a certain level, even if rates skyrocket.
ARM loans are right for you if:
Pre-Qualifications are an important step in today's real estate market. They show sellers that you are qualified to buy their home and that your offer should be considered above other, less serious offers.