We offer the following Products & ServicesResidential Loans
Bank of the Pacific makes home buying easy. Whether you are a first-time homebuyer, buying or building a new home or refinancing your existing mortgage, we have a loan that is right for you.
Fixed Rate Mortgages
- Fixed monthly payments
Adjustable Rate Mortgages (ARM)
- Lower initial interest rate
- Rate ceiling to protect against rising rates
- Interest only payments during construction phase
- Converts to a fixed or variable rate mortgage upon completion
- Construction - period from 6 to 12 months
- Automatic conversion to a fixed or adjustable rate mortgage loan, upon construction completion.