Fixed Rate Mortgage – 10, 15, 20, or 30 year terms
A fixed rate mortgage from Hometown Bank can be set for 10, 15, 20 or 30 years. A fixed rate home loan is a good choice if you want to lock in an interest rate, if you would prefer to have the payment be predictable for the length of the loan, and/or you are planning on staying in the home longer than a few years.
Conforming loans, with balances of $647,200.00 or less
Adjustable Rate Mortgage (ARM) – 1/1 or 5/1 terms
Construction Loan Program
Notice something different in your mortgage statement?
Starting January 1, 2021, the mortgage coupon books will no longer be used. Instead, you will be receiving monthly mortgage statements. These statements show you all the activity that has taken place on your account, as well as other information such as taxes, escrow, interest rate, interest paid to date and next payment due date.
Existing auto pay will continue as usual, and you don't need to do anything different. If you wish to pay your mortgage in person/by mail, simply enclose the detachable stub at the bottom of the statement with your payment.
If you do not wish to receive a paper statement, you can sign up for e-statements online. Just log into your Online Banking account, click the e-statements tab and follow the enrollment instructions.
Our new monthly Mortgage Statements put more information at your fingertips:
Complete monthly activity summary
Verify account status and balance
Pay online or set up auto pay
Existing auto pay will continue as usual
No more coupon books
Use detachable stub for in-person or mail payments
Another way we provide safe, sound and secure Hometown banking!