1. Life of the loan

• If you have plans to own your home for only a few years you may want to consider a balloon or adjustable loan.
• If you plan to reside in your home for a longer period, you may want to look at a fixed loan.

2. Relationship between rates and points

• Each point is equal to one percent of the loan.
• Points are prepaid interest and tax deductible.
• The greater the amount of the points you pay the lower your rates will be.

3. Making comparisons

• With the many programs we have to offer you, all of which have different rates, points, and fees, choosing the right program can be difficult.
• Let our experienced loan officers guide you to the best rates and proper loan programs.