stable rate can provide peace of mind.

A fixed rate mortgage is a good choice if you don't want to worry about fluctuating interest rates or if you plan to stay in your home for a longer period of time.

Types of fixed rate mortgages offered.

• Conforming — loan amounts less than the conventional loan limits, with a fixed interest rate for the term of the loan. Conforming loans include FHA and VA, which are government-sponsored loan programs.
• Jumbo — loan amounts exceed the conventional loan limits that also provide a fixed interest rate for the term of the loan.
• Interest-only — your monthly payments only apply to the interest payment, and not to the principal and interest payment of your loan, for a specified period of time (e.g. 5 or 10 years). After that time period, payments are applied to both interest and principal. While making interest-only payments, principal is not reduced. At the end of the interest-only payment period, your monthly payment will increase, possibly substantially, because you will then be required to pay down the outstanding principal on the loan along with the monthly interest due for the balance of the term.
• MetLife Home Loans also offers a 7-year Balloon Mortgage — you start by making payments as you would with a full-term, 30-year fixed-rate mortgage, but after seven years, the remaining principal balance is due and payable in full. A balloon mortgage gives you the benefit of a fixed rate, 30-year amortized monthly payment, with the option to refinance your mortgage at the end of the balloon term.

Why choose MetLife Home Loans?

• Competitive rates
• Easy application process
• Professional and personalized service

• Apply Now