Fixed Rate Mortgage
Fixed rate mortgages offer the same interest rate, monthly principal and interest payment throughout the entire term of the loan. That means you're protected from rising interest rates and can enjoy predictable payments.

Adjustable Rate Mortgage (ARM)
An ARM features an interest rate that periodically adjusts with changing market rates, allowing the borrower to take advantage of lower interest rates and enjoy lower monthly payments.

Federal Housing Administration (FHA) Mortgage
FHA mortgages are designed to help buyers purchase homes with low down payments and less restrictive qualifying guidelines. These loans are insured by the FHA.

VA Mortgage
This type of mortgage provides the opportunity to buy a home up to a specified amount with no down payment and are assumable. These loans are administered by the Department of Veteran Affairs.

Construction Loan
A one-year loan with only interest due monthly, usually approved for up to 85% of the appraised finished value of the home. Very flexible for building and remodeling a home.

Specialty Loans
A variety of specialty mortgage loan products are available. Visit with a Union Bank home loan representative to learn more about these products.

For more information about any of our mortgage loan programs, contact the experienced mortgage officer nearest you.