Dollar Bank Mortgage Options Are Easy To Live With
Which Is Right For You?This type of mortgage
generally gives you a lower initial annual percentage rate which is adjusted periodically. This is an especially good deal for first-time home buyers
because you can often qualify for a larger mortgage with an ARM.
Adjustable Rate Mortgage (ARM)
Fixed Rate MortgageGet the security and easy budgeting that come from a fixed rate mortgage. Your rate does not change for the lifetime of the
loan, so the principal and interest portion of your monthly mortgage payment remains the same.
Rent-No-More MortgageThe Rent-No-More Mortgage is designed to give first-time home buyers the help they need to purchase a home. The Rent-No-More
Mortgage makes it easier to own a home because you can borrow an amount equal to the entire value of the home. That means you only need a small downpayment
and minimal cash for closing costs. This mortgage has several other special features that make home buying easier and more affordable, so ask us for
details. (Certain geographic and income guidelines apply.)
Other Mortgage OfferingsDollar Bank also offers FHA/VA mortgages and participates in government programs and community development programs. Even
with a small down payment, we may be able to help you open the door to a new home!
Convenient Repayment TermsDollar Bank not only gives you many mortgage options, but we also offer a choice of several convenient repayment terms.
Short-Term MortgagesGet the advantage of a lower interest rate and savings on the total interest paid over the life of the mortgage.
Long-Term MortgagesBuy the most house possible by spreading your payments out over a longer period of time. Your monthly payments may be lower than
a shorter term mortgage, keeping more money in your pocket each month.
Dollar Bank's Credit Enhancement ProgramEven if your credit is less than perfect, we're here to help. Our Credit Enhancement Program can help you
get on the right track to buying a home. We'll work with you to correct any credit problems you may have and create a budget that will help get you into a
new home. For more details, see "Want to Buy a Home? Dollar Bank's Credit Enhancement Program Can Help."
We're Here To HelpOur experienced mortgage professionals will work with you to help you determine which mortgage is best for you. For details on
Dollar Bank mortgage options or to apply, click here
or call or visit a branch office or call 1-800-242-BANK.
To try our mortgage calculator,
The information presented in this publication is general in nature; it is not our intention to provide specific
advice to individuals or a comprehensive discussion of the subject matter. We suggest that you consult with your
financial or tax advisor, accountant or attorney to obtain specific advice or comprehensive information.