SussexMortgage.Com is an affiliate of Sussex Bank and PNC Mortgage, one of the top ten retailers in the country. We are able to provide the financial strength and stability of a national lender along with a personalized, local touch and a commitment of excellent service.


    


                                                                                                                   


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Fixed Rate Mortgages [Purchases]

Fixed Rate mortgages guarantee that the interest rate you start with will remain constant throughout the life
of the loan.   We offer loan terms from 10 to 30 years to meet your needs.   We can even customize your loan with features such as a buydown, which reduces your payment amount for the first few years, or a bi-weekly, which reduces the term and total interest payments over the life of the loan.   We have pioneered the "piggy-back" mortgage, where we couple a second trust with our first trust.   This eliminates the need for private mortgage insurance which reduces your monthly payment.   We offer piggybacks with fixed or adjustable
rate mortgages.

FHA & VA

SussexMortgage.Com provides both FHA and VA loans to meet your needs.   If you are a veteran and have a "Certificate of Eligibility," you may want to use it to purchase a home with no down payment.   If you are not a veteran, you may qualify for a FHA loan with a small down payment.   Talk to us today to help you make the
right decision that best fits your situation.

Adjustable Rate Mortgages

Adjustable rate mortgages have an interest rate that may increase or decrease depending on market conditions.   The starting rate will generally be lower than a fixed rate mortgage.   The change in the rate may occur at various intervals depending on the product you choose.   We have interest rates with the first adjustment from one to ten years.
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Jumbo Loans

If your hard work has paid off and you're looking to build a distinguished home, we offer a jumbo loan that will make your dream a reality.   The more you borrow, the more you may be able to maximize your tax deduction for mortgage interest.   You'll benefit from a quick application process with flexible underwriting.   And, of course,
you'll have the choice of a fixed or adjustable rate.

Permanent Loan

If you've already completed the arrangements for construction financing, we offer a wide variety of permanent financing options.   Programs range from fixed and adjustable rates to FHA/VA financing.   Talk to your Loan Originator about our competitive rates and programs.


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Put Your House to Work [Refinance, Home Improvement, Home Equity Line of Credit, Debt
                                             Consolidation]

Now that you've built equity in your home, it makes good sense to put your house to work for you.   That's easily done with our home equity loans and home equity lines of credit.   Either way is a great way to borrow for home improvement, a new car, bill consolidation, your children's education, or simply to give you the peace of mind
that comes from knowing you have money available in case of an emergency.

The main difference between the two products is the way you access funds. 

  • A Home Equity Line of Credit is a revolving personal line of credit that lets you borrow again and again. 

  • A Home Equity Loan lets you borrow a specific amount for a specific time

The other difference is why you need the funds:

  • A home equity line of credit empowers you to use funds when you want, for whatever reason and it eliminates the need to apply for a loan every time you need money. 

  • A home equity loan is ideal if you need a set amount of money for a specific purpose.    It offers the security of equal monthly payments with a fixed interest rate, and the comfort of only borrowing what you need.

Reasons Are Clear
More people are choosing home equity financing for their borrowing needs.   The reasons why are clear:

  • Applying is easy and takes little time.

  • Interest rates may be lower than other forms of credit.

  • The interest you pay may be tax deductible. (Consult a tax advisor regarding the deductibility of interest.)

  • The money can be used for many purposes.

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