Just a reminder to all of you who are thinking of purchasing a new home within the next little while and would like to take advantage of a 35 year amortization.

You only have six weeks to find, negotiate and close your house deal.  After March 18 (that's for transactions completed before that date) a mortgage with a 35 year amortization will no longer be available.  The difference in the mortgage payment would be approximately $100/month more (based on the discounted 5 year fixed rate of 3.99%) for a mortgage with a 30 year amortization.

Would you like to take advantage of the longer amortization?  Call or email today.