PERSONAL BANKING

MetroBank … building your community, one home at a time!

Let us be your guide to smart home financing.

We are licensed as a “Mortgage Broker” under Metrobank,N.A. and our mortgage program offers both traditional and non-conforming lending options.

• Federal Housing Administration (FHA) Loans
• Veterans Administration (VA) LoansBoth FHA and VA are government-issued mortgage loans with fixed rates, which means stable monthly payments. They allow you to purchase a home with a lower down payment and a lower closing cost. Qualification requirements are also less restrictive.
• Conventional Fixed Rate Mortgage LoansConventional loans offer more flexible rate options that can be used to tailor your loan to meet your specific needs. The principal and interest payment of the fixed rate loans remain the same throughout the term of your mortgage. MetroBank offers terms from 10 to 30 years.

  This mortgage plan is ideal if:

  • You want to budget money over a long period of time.
  • Your income level is expected to remain stable over a long period of time.

• Conventional Adjustable Rate Mortgages Loans (ARMs)The interest rate of the adjustable rate mortgage changes periodically. ARMs provide lower initial interest rates that can be locked-in for a pre-determined period of time.

  This mortgage plan is ideal if:

  • You plan to make your purchase during a time of decreasing interest rates.
  • Your income is expected to grow each year.
  • You plan to sell the property in the next few years.

MetroBank,N.A. acts as an independent contractor and not as your agent. We will enter into separate independent contractor agreements with various lenders. For more information, contact our MetroBank Mortgage Department at (713) 414-3701.