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 $806,500 (Looking for a mortgage over $806,500, 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%.

Mortgage Loan Programs

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.

Fixed Rate Mortgage

A traditional loan with an interest rate that stays the same for the entire term of the loan.