GPM, Graduated Payment Mortgage
The Graduated Payment Mortgage, or GPM, is an alternative to the conventional adjustable rate mortgage and falls between the ARM and a fixed rate mortgage. Essentially, the GPM is simultaneously fixed and adjustable. For the length of one year the rate stays the same, but the following year’s interest rate may vary depending on the market. Most GPMs come in fifteen and thirty year mortgage loans in Tulsa; to find out more information contact your Tulsa home loan lender at Southern Hills Mortgage, Inc..
We Help First Time Home Buyers
First time home buyers often find themselves overwhelmed by the mortgage process when purchasing their first Tulsa home. This is why at Southern Hills Mortgage we offer special mortgage programs to first time buyers. These programs usually offer lower interest rates, lower down payments, or reduced taxes. These special loan programs combined with the guidance of our experienced Tulsa mortgage lenders at Southern Hills Mortgage will make your first home buying experience effortless.
Tulsa Real Estate Information
At Southern Hills Mortgage we offer real estate information in Tulsa and many nearby cities. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 918.622.1709
