Opening the door to a home loan has never been easier – rapid approvals, no big bank bureaucracy, less paperwork, and personal attention. Your friendly local GE Money representative can offer a wide choice of easy home loans and financing options to suit your needs.
See below for options local to you.
Fixed Rate Mortgages
This type of mortgage holds your interest rate the same as long as you hold the mortgage, no matter how rates change in the financial markets. You know exactly how much you'll always pay in principal and interest each month. (Remember, taxes and insurance may change from year to year.)
Adjustable Rate Mortgage (ARM)
This type of mortgage varies your interest rate up or down at certain intervals. ARM's vary depending on the market but can be 1 year, 3 years, 5 years or 10 years. Changes in the rate are tied to a financial index such as a one-year Treasury Note or LIBOR, for example. An ARM may offer a low beginning discounted interest rate – however, this rate may go up after a certain time.
Construction Loans
GE Money offers easy, dependable construction financing in some local markets. Please contact your local GE Money representative for details.
Equity Release, Home Equity Loans
Unlock the equity in your home with a loan or line of credit that provides you money when you need it. It's a great way to take control of your finances – get rid of credit cards, consolidate debt, make home improvements, purchase a new vehicle, pay for educational expenses or perhaps even create a rainy day fund.