Home Loans 101: What is "Graduated Payment?"


What is a "graduated payment" in a mortgage?

A graduated-payment mortgage is a fixed-rate mortgage wherein payments increase gradually from an initially low base level to a higher level. Typically, these payments grow 7% to 12% yearly until full payment is reached.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.

Get Your
FREE eBOOK

First time home buyer book

First Time Home Buyers Guide

Begin your home loan process today!

Local Loan
Consultations

Timely and Accurate
Communication

Industry-Leading
Product-Selection

The right tools to help you every step of the way