Owning a home is a big decision.

Adjustable-Rate Mortgage (ARM)

Adjustable-rate mortgages offer a flexible option for purchasing or refinancing. With an adjustable-rate mortgage, the initial interest rate is generally lower than a fixed-rate, but, as the name suggests, adjustable- rate mortgage products have interest rates that may increase after consummation. After the introductory period, if the rate goes up, your monthly payment goes up. If the rate goes down, your payment goes down as well.

When to choose it:

• Pick an adjustable-rate mortgage if your income is likely to increase in the future or you only plan on being in a home for a short period of time.

Tip: Some lenders may require you to pay special fees or penalties for paying off your adjustable-rate mortgage early. We believe paying off your mortgage early should be rewarded, not penalized, so we don't charge you fees for paying off your home sooner than your term.

Building Your Dream Home

If you’re building a new home, don’t worry – you don’t need to build your finances from the ground up. A one-time closing construction loan can make your dream home a reality. Combined with long-term financing like your mortgage, a construction loan provides funds to pay contractors and suppliers during the building process. Payments are interest-only during the entire construction period, and when building is complete, your loan will modify into a full amortization with principal and interest payments and payments for insurance, taxes and mortgage insurance (if applicable*). You save time and money because you don’t have to secure and close on two separate loans.

*If an escrow account for tax, insurance and/or mortgage insurance payments is required or requested, then additional monies may be due at time of modification.

Private Client Loans

For our high net worth clients we offer a variety of flexible home loans with no private mortgage insurance, no insurance or tax escrows, low closing costs and our assurance that we service all of our Private Client Loans. Private Banking mortgage services are offered exclusively to our clients who meet the Private Banking relationship criteria. Please see a banker for details and eligibility requirements. Other restrictions may apply.

Jumbo Loans

These are fixed- or adjustable-rate loans that exceed the maximum size of a conforming loan. According to guidelines by Fannie Mae and Freddie Mac, standard conforming loans are typically limited to $417,000. If you need a loan larger than that maximum, a jumbo loan could be ideal for you. Some programs even accommodate loan amounts of up to $3,000,000.