What are the loan products that Southwest Financial offers to purchase a house?
Southwest Financial offers both 30-Year Fixed-Rate Loans and 15-Year Fixed-Rate Loans. Choose a 30-Year Fixed-Rate if: • You want low monthly payments that do not change • You want a loan that’s generally easier to qualify for • You’re planning to stay in your new house less than 10 years • If you have a fixed loan, your house payment remains the same regardless of the interest rate. This means if the interest rate increases, your house payment will not. However, if rates go lower than your loan rate, Southwest Financial will help you refinance quickly and possibly with no out-of-pocket costs (depending on the program you choose).
