Current Mortgage Products
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Click on the product below for features, benefits, disadvantages and more for each mortgage type.
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| Mortgage Type | Description | Product |
|---|---|---|
| Fixed Rate Mortgages | Security of a fixed payment and interest rate Principal balance steadily reduced with each payment Provides maximum deductions for tax purposes | 30 Year Fixed 20 Year Fixed 15 Year Fixed FHA 30 Year Fixed Jumbo 15 Year Fixed Jumbo |
| Adjustable Rate Mortgages (ARM) | Lower monthly principal and interest payments to stretch your monthly income Easier qualification for a larger mortgage and larger house Fixed-rate security for up to five years with built-in rate cap protection | 10 Year ARM 7 Year ARM 5 Year ARM Construction Mortgages FHA 5 Year ARM |
| No Closing Cost Refinance Mortgages | Dollar Bank will pay your closing costs, saving you hundreds of dollars Easy to qualify for terms up to 30 years and lower your monthly payments giving you more cash on hand Fixed-rate security for three, five or fifteen years | 5 Year No Closing Cost Refinance ARM |
| Interest Only ARMs | Substantially lower monthly payments - more cash on hand Qualify for a larger mortgage and larger house Fixed-rate security for up to five years with built-in rate cap protection | 5 Year Interest Only ARM |
| Other Mortgages | U.S. Department of Veteran's Affairs (VA) Mortgages Community Reinvestment Act (CRA) Mortgages | Click here for other mortgages |
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