Century Federal's mortgage loans offer an easy way to find, buy, and save on a new home or refinance your existing mortgage. On top of our great low rates, you'll also get:
- Low closing costs
- No application fees
- Quick approval process
- A variety of terms from 10 to 20 years
- Fixed-rate and adjustable-rates, including a low-cost option with closing costs as low as $250
Here are all the products we offer to help you save more and get you the flexibility you need for buying or refinancing your home:
Rapid Rate Reduction
If interest rates drop during your loan application process, your rate drops...automatically! And, if rates go back up, your rate will remain locked in at the lower rate, which guarantees that your mortgage is financed at the lowest rate possible! For instance, if the rate is at 3% when you apply for your loan, and rates drop to 2.75% before closing, your rate will automatically drop as well. Take advantage of these historically low rates today!
HELOC - Home Equity Line of Credit
A HELOC is a loan set up as a line of credit for some maximum draw, rather than for a fixed dollar amount. So technically, it works like a credit card. Similar to a second mortgage, you borrow against the value or equity in your home. This is a very versatile loan type and can be used for all the same purposes as the Term-Second Mortgage.