Securing a loan to purchase a home can be complicated, but with over two decades of experience I’m an expert on every facet of the process. Before becoming a Kearny Bank mortgage advisor, I handled closings, and that experience made me familiar with everything that might come up. I’m dedicated, reliable, and strongly committed to overcoming potential issues, and ensuring that my clients secure the funds they need. My goal is to make your home loan process smooth and easy. And for those whose preferred language is Spanish, I’m fluent – so we’ll have no trouble discussing the details of your mortgage. I live local, work primarily out of the Fairfield corporate office, and would very much like to meet you and discuss what mortgage would work best 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