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This is the traditional, most popular mortgage product.
It is an excellent option if you are a home buyer who wishes to stay in your home for many years.
Your rate is guaranteed for the life of the loan, with no changes or adjustments at any point in time.
Each monthly payment allocates funds towards your principal reduction.
It is available in fixed rate options including: 30, 20, 15, 10, and the new 40 year fixed rate mortgage.
With these products you can pick a payment to fit your budget.
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Contact an experienced mortgage consultant today to guide you through the process or apply online now.
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