I consider myself quite fortunate to be 35 years into a career I really love. Helping borrowers obtain the right mortgage – and doing it in a smooth, timely fashion – makes me happy. After all, it’s no small thing to assist someone in completing the purchase of a home. As for my background, I live in Long Beach Island, hold a bachelor’s degree from Syracuse University and an MBA from Fairleigh Dickinson, and really enjoy a day on the golf course. This said, please know I’m here for you if you wish to buy any sort of residence. Just reach out, and I’ll get the ball rolling for you.
A fixed rate mortgage is the most popular type of loan program that Kearny Bank offers. With a fixed rate product, you get the security of a consistent interest rate (and payment) over the entire life of your loan. The overall interest you will pay on a fixed rate mortgage will depend on the overall term of the loan. See our great mortgage rates here.
Adjustable Rate Mortgage (ARM)
Kearny Bank offers 1, 3, 5, 7, and 10 year adjustable rate mortgage programs (also known as an ARM program). An adjustable rate mortgage is a type of loan product that offers an interest rate that is lower than your standard fixed rate loan. The difference here is that the interest rate can change over time. Higher interest rates in the future could potentially lead to a higher mortgage payment for you down the road. In essence, you’re receiving a lower interest rate now (and paying a lower rate now) in exchange for the risk of a possible rate increase in the future.
Our financial calculators are designed to be a tool to help you determine your potential monthly payments on one of our mortgage loans or home equity loan or line of credit prior to you visiting one of our branches to talk with a specialist.Financial Calculators