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Conventional Mortgages – 

The biggest benefit of a conventional rate mortgage is the fact that the interest rate does not change over time. This allows you to budget your finances and make a consistent, fixed payment over the duration of your loan. Conventional rate mortgages allow you to lock in an interest rate and principal payment for the entire life of your loan. Your rate and principal payment never increase, even if the market changes.

 

To learn even more, fill out the the form below to speak with a TowneBank lending specialist. We will get back to you as soon as possible.

 

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