Growing Equity Mortgages A growing equity mortgage is a simple plan to pay off a fixed rate mortgage in a shorter period of time. The rate is fixed and principal payment increases are predetermined.
This program is ideal if you want to increase your equity faster to give yourself more spending power … or if you want to prepay your mortgage loan.
Contact a Mortgage Loan Officer for current rates or for more information on any of our loan programs.
Home Federal Savings Bank 1016 Civic Center Drive Northwest Rochester, MN 55901 Phone: 507-535-1200
