Local service, local decisions.
When you get a 7/1 Fixed to Adjustable Mortgage at Bowater Credit Union, you get a loan that is evaluated locally, and kept locally for the life of the loan. That means you can really talk to your mortgage loan officer about your needs, and if you have any problems or concerns about your mortgage, you can talk to a local member of the Home Loan team here in your hometown. One more benefit to consider – when your loan stays local at your member-owned credit union, you know that the interest you pay on your mortgage goes right back into your community.
Payments spread over 30 years are more affordable
The 7/1 mortgage offers the benefits of a great rate and payments over 30 years, which gives you a lower payment especially over the period most people stay in their home (7-10 years). Speak to a member of our team today!