Fixed Rate Mortgage
This is a traditional mortgage loan with a fixed interest rate and a fixed principal and interest payment that locks in and stays the same for the entire term of the loan. This loan is straightforward, and offers flexible amortization from 10 to 30 years. This is one of the most popular financing options for homebuyers.
-Predictable monthly payments over the life of your mortgage
-Flexible term lengths
-Locked in interest rate
-Mortgage amounts up to $766,550 (Looking for a mortgage over $766,550, look at our Jumbo Mortgage options)
-Available for purchases or refinances
-Refinance may reduce your payment
Normal credit and underwriting approval is required. Private Mortgage Insurance (PMI) applies if loan-to-value (LTV) is greater than 80%.
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Buying a home is a big investment in your family's future. Uwharrie Bank Mortgage is here to make it the best experience possible. Whether you're purchasing new property, refinancing, buying an investment or vacation home, Uwharrie has a financing plan that will get it done.
A traditional loan with an interest rate that stays the same for the entire term of the loan.
This funds a renovation or construction project and converts to a permanent mortgage later.
A jumbo mortgage is a home loan that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac.
This is an affordable government-backed loan with a low down payment and flexible credit requirements.
Insured by the Department of Veteran Affairs, this program is for qualified veterans and military families.
A loan offered by the U.S. Department of Agriculture, featuring 100 percent financing for qualified homebuyers.
Uwharrie Bank is committed to helping customers in our community achieve successful homeownership. We have many programs designed to provide solutions to first time homebuyers, including many affordable housing options.
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