Hammer Mortgage, Inc
 Hammering Down Your Rate!

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Hammer Mortgage, Inc offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
30-Year Fixed
25-Year Fixed
20-year Fixed
15-Year Fixed
10-Year Fixed
Interest Only Loans
Jumbo loans

30-Year Fixed

This is the standard loan in the mortgage industry.  We offer very low rates and closing cost on a 30-year fixed loan.

Term: 30 years   Maximum Amount: $417,000

25-Year Fixed

A 25-year fixed mortgage will provide a slightly higher payment than a 30 year mortgage but you will pay less interest over the life of the loan.  This might be a good option if you cannot afford to go to a 15 or 20 year fixed term.  Let us compare your options and see if this will work for your needs. 

Term: 25 years   Maximum Amount: $417,000

20-year Fixed

You will pay less interest than a 30 year fixed but will have a slightly higher payment.  The less years you can get a mortgage for the less you pay in interest over time.  A 20 year loan might make sense for you.  Lets compare your options. 

Term: 20 years   Maximum Amount: $417,000

15-Year Fixed

Your monthly payment will be higher on a 15-year fixed rate but you pay much less interest over the life of the loan. 

Term: 15 years   Maximum Amount: $417,000

10-Year Fixed

A 10 year loan will provide you with the highest payment but the lowest overall cost.  This will pay your home off in 10 years time leaving you without a house payment.  This is a very attractive option for people with a large down payment or higher incomes. 

Term: 10 years   Maximum Amount: $417,000

Interest Only Loans

An interest only loan lets you have a much lower payment than a fixed rate loan.  You are only paying interest on your loan so your principal amount owed will not go down.  This loan works best for people who know how long they will live in their house and think their property will increase in value significantly. 


Jumbo loans

For loans greater than $417,000.  Loan terms available are 30, 25, 20, 15, and 10 year Fixed Rate. 

Term: 30 years   Maximum Amount: $3,000,000