Mortgages

A fixed rate mortgage offers a stable monthly mortgage payment for the life of the loan. With a fixed rate mortgage at National Iron Bank, you can find comfort in having a set monthly payment for the term of your loan. You can also borrow up to $500,000 without paying Jumbo mortgage rates.

Expecting an income increase or have plans to relocate in the near future? Lock in a generally lower rate for the initial fixed term of an adjustable rate mortgage (ARM).

With an adjustable rate mortgage (ARM), you can take advantage of a variable interest rate that is typically lower than a fixed rate loan for the initial term. Interest rate changes are capped at each adjustment and for the life of the loan. An adjustable rate mortgage typically has a lower monthly payment during the initial fixed rate period than with a conventional mortgage.

If you need financing in excess of $500,000 to purchase your new home, National Iron Bank can provide a lending solution to fit your goals.

Do you have your eye on the perfect location for a future home? National Iron Bank offers lending solutions to help you purchase the property for your future home.

Features

• Fixed and variable rate options available
• Automatic payment options
• Flexible underwriting criteria

Planning to build your dream home from the ground up? Let us help you make your blueprints a reality with a construction mortgage.

Features

• Fixed and variable rate options available
• Flexible underwriting
• Interest only payments during construction
• Loan converts to a conventional mortgage once construction is complete