Quick. Simple. Knowledgeable. Three simple words to describe Benchmark Bank's approach to mortgage lending. Benchmark lenders offer a variety of loan programs including conventional fixed rate loans, variable rate loans and our own portfolio loans. Whether it's your first home or your empty nest condo, we have the loan and, most importantly, the lenders to help you find the best mortgage and to make sure the entire loan process goes quickly and smoothly.
A fixed rate loan is a loan agreement under which the interest rate remains constant throughout the life of loan. These loans are underwritten within specific guidelines.
Annual percentage rate may increase after consummation. ARMs are often a better fit than a fixed rate loan for borrowers.
The complete menu of fixed and adjustable rate mortgages are available for higher mortgage amounts.
A mortgage option that works well for first time homebuyers and those with a limited down payment available.
Dream homes become reality with Benchmark’s Permanent Construction and Contract Build loans.
Different situations require different loans. For those borrowers with circumstances that don't fit the standardized mortgage requirements, Benchmark offers its portfolio loan services which include the mortgage programs above plus:
- Blanket loans (covering multiple properties)
- Bridge loans (temporarily using equity of existing property to cover additional property)
- Multi-Family Property Loans
- Permanent Construction Loans