Purchase

Choose the mortgage that fits your needs

No doubt about it, buying a home is an exciting and important time in your life. But before you enjoy the pleasures of home ownership, it's so important that you get the home mortgage that works for your particular situation. Whether you choose a fixed-rate or adjustable rate mortgage (ARM), at Evolve Bank & Trust we'll help you find the home financing product that meets your needs.

Couple sitting with moving boxes.
Which home loans are right for me—fixed-rate mortgages vs. adjustable-rate mortgages

How long do you plan to stay in your home? Prefer a consistent mortgage payment? These are just some of the things to consider when choosing a mortgage loan. And based on your responses to these questions, you'll be better able to pick the type of mortgage that's best for you—a fixed rate mortgage or an ARM.

Fixed-rate mortgage Adjustable-rate mortgage
Fixed mortgage payment over the life of the loan Initial period of a fixed mortgage payment followed by periodic adjustments to your monthly payment. Adjustments may increase or decrease—depending on interest-rate fluctuations.

Choice from 15-to 40-year terms Choice of fixed initial rates from 1 to 10 years

Quick pre-qualification for qualified borrowers Quick pre-qualification for qualified borrowers

Lock in your mortgage rate up to 30 days before closing Lock in your mortgage rate up to 30 days before closing