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Bryan Kurzman
Loan Originator
Direct: (781) 474-5077
Cell: (617) 306-9966
Fax: (781) 726-7291
Email: Send Email
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Types of Loans

Thirty-Year Fixed Rate Mortgage
The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.

Fifteen-Year Fixed Rate Mortgage
This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate—and you'll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn't that great.

Hybrid ARM (5/1 ARM, 7/1 ARM, 10/1 ARM)
These increasingly popular ARMS—also called 5/1, 7/1, or 10/1 —can offer the best of both worlds: lower interest rates (like ARMs) and a fixed payment for a longer period of time than most adjustable rate loans. For example, a "5/1 loan" has a fixed monthly payment and interest for the first five years and then turns into a traditional adjustable-rate loan, based on then-current rates for the remaining 25 years. It's a good choice for people who expect to move (or refinance) before or shortly after the adjustment occurs.

Adjustable Rate Mortgages (ARM)
When it comes to ARMs there's a basic rule to remember...the longer you ask the lender to charge you a specific rate, the more expensive the loan.

Jumbo Loans
Leader Bank's jumbo loans offer low rates for your big loan. Choose between fixed or adjustable rates.  Our jumbo loans offer maximum flexibility for home financing for larger loans.  Loan amounts between $417,000 and $1,500,000. Leader Bank provides quick decisions for your jumbo purchase or refinance needs.

Home Equity Loans
Low fixed rates
Loan amounts from $   to  $ 
Repayment terms from    years to    years.

Home Equity Lines of Credit
Access your line of credit simply by writing a check.
Borrow the amount you need
Great rates

FHA Mortgage
The easiest way to qualify for refinancing or home buying, an FHA loan gives you a government-insured loan with flexible choices – opt for the security of a fixed rate or the versatility of an FHA 5-year ARM.

VA Mortgage
Veterans, members of the military, or a surviving spouse of a veteran can take advantage of VA Mortgage financing. 
Qualify for VA loans even with less-than-perfect credit. Unlike other options, VA loans are available as either fixed-rate or ARM mortgages – and never include monthly insurance (PMI).

Mass Housing
Eligible homebuyers and homeowners can take advantage of 30-year, fixed-rate financing for the purchase or refinance of condominiums or one- to four-family properties. Borrowers may finance up to 97% of the sales price for single family homes and 95% of the sale price for condos or the appraised value, whichever is less.  Borrowers benefit from flexible underwriting, low downpayments & conventional mortgage insurance rates.


 

 

Bryan Kurzman, Loan Originator NMLS #613453
Leader Bank
160 Gould Street, Suite 111, Needham, MA  02494
Direct:  (781) 474-5077
Cell:  (617) 306-9966
Fax:  (781) 726-7291
bkurzman@leaderbank.com
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