CTC Mtg 612-237-0940 - Loan Options

Need Help Finding The Perfect Loan

Our state licensed loan originators who are loan experts will consult you on which type of loan is right for you. We have a team of specialists that will make sure to provide you with first-class customer service and answer all your questions as well guide you through the whole mortgage process. Whatever problems or concerns you may have; we are here to help. No matter how simple or complex your financial situation is, we can find a solution that will meet your requirements and expectations providing you with a number of options in terms of interest rates, down payment amount and other important factors. All it takes is one call or push of a button to get started!

Mortgage Rate Options

Fixed Rate

The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.

Adjustable ARM

Adjustable Rate Mortgages (ARM)s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time and then can adjust based on current market conditions.

Interest Only

A mortgage is called “Interest Only” when its monthly payment does not include the repayment of principal for a certain period of time. Interest Only loans are offered on fixed rate or adjustable rate mortgages as wells as on option ARMs.