Products    Fixed Rate Mortgages & Adjustable Rate Mortgages

Once you select Ladd Mortgage to obtain your home loan, you'll be amazed at how quickly and simply the loan process moves. Before you know it, you'll have a mortgage that suits your lifestyle and saves you money. Throughout the loan application process, we will provide you with updates. You can also email us with questions or new information. And, if you want assistance, a mortgage expert who can answer questions is just a phone call away.

Ladd Mortgage offers both fixed rate and adjustable rate mortgages.

Benefits of Fixed Rate mortgage:

• The rate is fixed for a period, usually 15 or 30 years, which means your monthly payment will be the same during this time.
• You will be able to budget more easily knowing your payments will not change.
• There will be no need to worry about increasing mortgage rates, as your rate is locked in at the closing.
• A 30 year fixed rate mortgage provides the maximum interest deduction for income tax savings.

Please contact us directly to discuss the rates that are currently available to you.

Benefits of Adjustable Rate Mortgages:

• Typically, lower rates and payments early on.
• Lower payments allow borrowers to qualify for higher loan amounts.
• Allows borrowers who do not plan on living in one place long to buy a house and have a lower monthly payment.
• A lower monthly payment allows borrowers to save and invest the difference.

Please contact us to discuss adjustable rate mortgages that are fixed for a period from one year up to ten years.