Beacon Federal wants to help you fulfill your dream of owning a home. We offer multiple loan programs and finance terms tailored to your borrowing needs, mortgage rate, and financial comfort. To learn more about our loan programs, call us toll free at (888)256.3800 to speak with one of our qualified mortgage representatives.

Fixed Rate Mortgages

A popular choice of financing, a fixed rate mortgage provides security in a changeable rate environment. You know that your interest rate and monthly principal and interest payment will remain the same over the chosen repayment term.  We offer a number of Fixed Rate Mortgage options:

-   Conventional Fixed Rate Mortgages

-   FHA Fixed Rate Mortgages*

-   Bi-weekly Fixed Rate Mortgages*

* Please refer to the "Mortgage Term Definitions" for more information about these programs.

Convertible – Adjustable Rate Mortgages (CARM)

An adjustable rate mortgage is a great choice if you are not planning on staying in your home for an extended period of time or retaining your mortgage for the full repayment term. An adjustable rate mortgage (ARM) has a lower initial interest rate and monthly payment than a fixed rate mortgage. The initial interest rate is fixed for a specified period of time, and then changes annually based on the one-year U.S. Treasury index adjusted by a margin. A “convertible” ARM allows you to convert to a fixed rate at certain periods of time throughout the life of the loan. To learn more about CARMs, contact one of our mortgage originators for more details and to request a CARM disclosure.