Personal » Borrowing » Mortgages

Current Mortgage Products

Click on a product below for features, benefits, disadvantages and more for each mortgage type.

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
Adjustable Rate Mortgages (ARM)
  • Lower monthly principal and interest payments to stretch your monthly income
  • Easier qualification for larger mortgage and larger house
  • Fixed rate security for up to five years with built in rate cap protection
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
Interest Only ARMs
  • Substantially lower monthly payments - more cash on hand
  • Qualify for larger mortgage and larger house
  • Fixed rate security for up to five years with built-in rate cap protection
Other Mortgages
  • U.S. Department of Veteran's Affairs (VA) Mortgages
  • Community Reinvestment Act (CRA) Mortgages

 

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