A Safe Rate™ Mortgage (SRM) automatically reduces your monthly payments when home values fall. Finally, a mortgage that works with your financial situation.
Lower monthly payments
A typical homeowner would pay $30 less in monthly mortgage payments with an SRM versus a conventional mortgage
Automatic payment reduction
An SRM automatically reduces your monthly mortgage payments when home values fall
No mortgage insurance
An SRM mortgage does not require mortgage insurance even if you have a small down payment