Residential Adjustable Rate Mortgage
For borrowers who are looking for a lower initial interest rate, York Traditions Bank offers a full range of Adjustable Rate Mortgages (ARM’s). ARM products are available with rates that are fixed for periods of 1, 3, 5 or 10 years. Annual caps and lifetime caps provide protection from large interest rate adjustments. If you only expect to keep your loan for a short period, a Fixed Period ARM could be the product for you.

Residential FHA Mortgage
York Traditions Bank offers FHA Mortgage loans that provide for a low down payment and the ability to finance some of the closing costs. FHA loans have no maximum income limits and are available to most homebuyers.

PHFA (Pennsylvania Housing Finance Agency)
If you are a first-time homebuyer and fall within certain income guidelines, York Traditions Bank can offer a PHFA mortgage with fixed rates and low down payments.

Construction/Permanent Loan
If you decide to build your home, York Traditions Bank offers a Construction Loan product to help you do that. With competitive rates and terms, this Loan takes you from ground breaking to moving in and then converts to a Permanent mortgage for the life of the Loan. Construction terms are available up to 9 months. We are dedicated to exquisite service, and our Mortgage Specialists will work closely with you and your builder, staying involved throughout the process.

Swing Loan
If you need temporary financing to help you move into your new home while you are waiting for your current home to sell, we have a Swing Loan product that can help. This Loan offers competitive rates and flexible terms to fit your situation. It also offers interest-only payments.

For additional details and information on our mortgage products, please e-mail one of our Mortgage Services Partners:  Pat Joseph, Rich Lowry or Ginger Zook.