Consumers First Mortgage
Always...The Customer's Needs First

80 Portland Rd.
              Kennebunk, Maine  04043
Phone: 207-985-2895

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Products

CONFORMING OR JUMBO FIXED RATE FINANCING

Fixed Conventional Financing Options for Most Borrowers.  Fixed Rate Conforming ($300,700 single unit) or Jumbo financing for your home purchase or refinance.  Level payments of principal and interest fixed for the life of the loan.  This is the most common financing option used by consumers today.  Most programs allow for little or no down payment.

Key Benefits

  • Contains housing expense through fixed rate enabling better budget control
  • Typically higher loan-to-value with good credit
  • No pre-payment penalty
  • Terms of 10, 15, 20, 25 and 30 years

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ADJUSTABLE RATE CONFORMING OR JUMBO FINANCING

Loan programs fixed for a 3 -5 year period then adjusting annually.  Adjustable Rate Loans are great for those who intend to occupy their home for just a few years - or know of significant financial events in their lives.  Fixed for the first 3-5 year these loans adjust annually thereafter based upon either a U.S. treasury index or LIBOR

Key Benefits

  • VERY Low introductory rates - keeping payments lower early on
  • CAPPED floors and ceilings - your rate won't go higher or lower than these
  • Reductions in loan amounts reduce payment amounts on adjustment years

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HOME EQUITY LINE OF CREDIT

Second Mortgage product - line of credit to use as you wish.  A home equity line of credit is a great way to tap into the equity of your home for large purchases or investments such as cars, education, boats, home improvements, R/V's

Key Benefits

  • Tied to the Prime rate with a cap of 18%
  • Interest is deductible on most tax returns
  • "Loan" can be used over-and-over again during the draw period

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CONFORMING FIXED RATES

The current Rate

environment is

very volatile.

Please call

for lowest possible rates

 

JUMBO FIXED RATES *

30 Year –Please Call

15 Year – Please Call

Call for More Rates and Programs 207-985-2895

  *Rates updated near noon daily.

*Full program disclosures provided  at application. Rates subject to change without notice.

 LICENSED WITH MAINE BUREAU OF CONSUMER CREDIT PROTECTION
ME LICENSE  CSO5270

NMLS License 990468