Make Your Move:
Mortgage Rates at Historic Lows
Thinking about taking advantage of today's historically low interest rates for mortgage loans or loan refinancing? With all the borrowing choices available to Western members, now is a great time to explore your options.
Why Make Your Move Now?
More Affordable Payments - For most people, a mortgage payment is their largest monthly expense. Lower interest rates can translate into lower monthly payments, making it one of the best ways to cut costs and trim your living expenses.
Pay Less Interest - You may be able to pay less interest by choosing a shorter-term loan. Besides lower rates, you'll save money by paying less interest over the life of the loan. By paying off your loan faster, you'll increase your equity more quickly, ensuring an added level of security even during unstable real estate markets.
Consolidate Loans - It's not uncommon to have both a mortgage loan and a home equity loan. Because home equity loans tend to have higher interest rates and shorter terms, you may be able to lower your payments by consolidating both into one low-interest loan.
Secure Your Future - An adjustable-rate mortgage (ARM) may be a great way to get into your first home, but as the adjustable rate increases, so do your payments. If your ARM is about to adjust, consider moving to a fixed-rate loan. You can lock in a long-term low rate, providing the stability of consistent monthly payments and taking the guesswork out of budgeting.
Eliminate Private Mortgage Insurance (PMI) - PMI is usually required if your loan balance is less than 80% of your home's value. Refinancing may let you remove PMI, giving you big savings on your mortgage payment.
Rates Can Increase Overnight - We've enjoyed low interest rates for several years, but the current economy shows that rate increases can occur at any time. The sooner you lock in a low-interest-rate mortgage loan or refinance your current loan, the sooner you'll enjoy savings and peace of mind.
We'll Help You Move Ahead
We've helped thousands of Western members realize their home ownership goals. Our experienced mortgage loan consultants guide you to the right loan for your financial situation and assist you through every step of the loan process.
Western offers both fixed- and adjustable-rate mortgages up to $2,000,000, with up to 80% combined loan-to-value financing. Many terms and options are available, including cash-out options for refinancing and the option to purchase points to lower your rate even more.
Make your move today!
- Phone us for more information or a free consultation at 877-254-9328. We'll be happy to send you our Mortgage Package, which contains information about the loan process and easy-to-follow application documents.
- Complete your application online.
- Visit us at any branch.
