Your mortgage and debts paid in full in the next 10 years!
The 10-Year mortgage from Colonial Federal is perfect for homeowners who want to borrow against their equity with a fixed rate mortgage.
10-YEAR FIXED, NO POINTS! ($250,000 Minimum)
Rate/Annual Percentage Rate (APR) effective as of 01/24/2021 and may change. Applies to 1-4 family owner-occupied homes. Assumes a maximum 80% loan-to-value and first mortgage position. Subject to credit approval. A 10-year loan would be repaid in 120 equal monthly principle plus interest payments of $9.20 per $1000 borrowed, which do not include taxes or insurance premiums, if applicable. So your actual monthly payment will be greater. Minimum loan amount is $250,000. NMLS#409557
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