Buying or refinancing a home can be a stressful experience. But it doesn't have to be that way. When you come to Worthington Federal, you get more than someone to set you up with the financing. You get a partner that will be by your side every step of the way.
Our loan experts will walk you through the entire process, making sure you're always in control of what's happening. And hey, our low rates don't hurt either.
- Competitive interest rates
- Many financing and loan options
- 10, 15, 20, and 30-year terms
- Fixed and adjustable rate mortgages (ARMs)
- Local underwriting and servicing
- Experienced advisors
- Personalized service
- Easy application process
In addition to conventional mortgage loans, we also offer:
- FHA Loans
- VA Loans
- USDA Loans
- Jumbo Loans
And many others! Contact us for more information on specialty loan options.
Check out our Mortgage Loan calculator.
- Fixed vs. Adjustable Rates
Fixed Rate Mortgages
With fixed rate mortgages, your payments stay the same throughout the life of your mortgage. This makes it easier to budget your money, since you always know exactly what your house payment will be.
Adjustable Rate Mortgages (ARMs)
With an adjustable rate mortgage, after an initial period, your rate changes annually based on current market conditions. With an ARM, your initial payments are lower than with a fixed rate loan, but after a certain amount of time, the rate changes, and your payments will go up. If you plan to move, resell, or are expecting to be making more money by that time, this option might appeal to you.