When you choose Bank of Birmingham you get the experience of a full service local mortgage banker. Whether you are in the market to purchase a new home or looking to refinance an existing mortgage, Bank of Birmingham has the loan for you! Bank of Birmingham can help you assess your individual means and options, and help you build a plan to reach your goals. Some of our most popular loans include the following:
30 year Conventional Mortgage
This loan offers the longest term and amortization, and whereby the interest rate will never adjust.
Adjustable Rate Mortgage (ARM)
Typically amortized over 30 years, the ARM allows a homeowner to take advantage of the lowest interest rates offered today, but adjusts after the initial loan term.
For loans in excess of $417,000.00.
Below please find access to easy-to-use calculators to assist you in your financial planning.
The financial calculators are provided to you as an analysis tool, by a third-party vendor and are intended for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. The Bank of Birmingham does not guarantee the accuracy of the calculators and the analysis results do not represent actual user-defined parameters. You should consult a financial professional prior to relying on these results or for further information concerning your financial circumstance.