Fixed Rate Mortgages

Are you looking for the security of a fixed interest rate and monthly payment?

Make your budgeting easier with a traditional fixed-rate mortgage. Because your rate is locked in for the entire term of your loan, you can have peace of mind knowing your principal & interest portion of your payment will never increase.  Whether it’s to purchase a home or refinance an existing loan, your best home lending options are here.

  • Fixed terms of 5 to 30 years.
  • Down payment requirements of 5% or more.
  • Refinancing available, including cash out, so you can access your home's equity for remodeling projects, debt consolidation and life's other expenses.
  • First-time homebuyer programs offering additional flexibility and grant options for down-payment and closing costs assistance are available.
  • Available for owner-occupied homes including condominiums and townhomes located in New York.
  • Financing also available for vacation homes and investment properties.

Some Fixed Rate Mortgages require Mortgage Insurance Premiums.  Here at Family First FCU, we offer several options including a “Piggyback Loan”.  Let us explain and find the best options that can explain benefits and draw backs from a loan with PMI.

Family First of NY FCU NMLS#: 453880