At Gilmore Bank, there’s a variety of mortgages for home loan financing. There is an adjustable-rate mortgage which has a low initial interest rate. Periodic, life-of-loan rate caps, and corresponding interim payment caps are the characteristics of the adjustable-rate mortgage.
Also there is a fixed-rate mortgage, the interest rate of which is made for the life of the loan, giving monthly payments. It has a higher interest rate than an adjustable-rate mortgage.
- Founded in 1955, Gilmore Bank is a local bank mainly serving in southern California.
- Website: http://www.gilmorebank.com/
- Tel: 877-549-2100
- 110 South Fairfax Avenue, Los Angeles, CA 90036, 323-549-2100
- 964 Foothill Boulevard, La Canada Flintridge, CA 91011, 818-952-8090