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Adjustable Rate Mortgages (ARM's)
5/1, 7/1 ARM mortgages have interest rates that start lower and then adjust periodically. ARM's are typically used when an applicant plans on moving in a certain time period or anticipates reducing the principal balance on their mortgage before the ARM rate changes as defined by the adjustment time frame of the loan.
1st-Time Buyers - Did You Know?
Nothnagle Home Securities has been listed as one of SONYMA's top lenders from 2008-2013. On average in 2013, SONYMA loans at NHSC received approval in 26 days. Nothnagle Home Securities loans receive the fastest mortgage approvals of all lenders in our area. Other large area lenders averaged 59 and 66 days for approvals. In 2013, four of NHSC's loan officers were among the top producers of SONYMA loans.
For more information regarding SONYMA mortgages, please call 585-756-7351.
Mortgage Rates (2/27/2015)
Rates are subject to change without notice
FHA 30 Year
VA 30-Yr. Fixed
USDA Rural Development
SONYMA Low Interest Rate Prog 30 Yr.
Rates are based on FICO scores greater than 720, a 20% down payment and a 50 day lock.