Skip to Content

Loan Programs & Refinancing Options

Trident Mortgage offers a full spectrum of refinance loan programs as well as a streamlined application process—and the ability to talk with a real person.

Our refinance loan options include:

  • Fixed loans with 10 to 30-year terms: A fixed loan is the most common type of financing. The interest rate and the principal and interest (PI) payment remain constant for the length of the loan.

  • Adjustable Rate Mortgages (ARMs): An Adjustable Rate Mortgage (ARM) offers an initial rate that is lower than a fixed-rate mortgage, but the ARM’s interest rate may change over the life of the loan. The rate is tied to an index, such as the One-Year Treasury Bill. When the index rate changes, the loan rate moves up or down accordingly. Caps limit how much the rate can change.

  • Balloon mortgages A balloon mortgage features low rates and low fixed monthly payments for a period of time—usually five to seven years. At the end of the time period, a final “balloon” payment for the remaining balance of the loan is due. With low initial rates, adjustable rate loans may be a good choice for borrowers who plan to move before the balance becomes due.

We can tell you more about the various refinance options available to you.


COVID-19 FAQs

Here is important information regarding our company response.

Learn More

Serving All Communities

Trident is dedicated to making home ownership a reality for all families across Pennsylvania, New Jersey, Delaware, and Maryland. We offer many affordable housing options through our partnerships.

Get Started

Get Prequalified

It's easy, secure and only takes a few minutes.

Get Started

Application Guide

Our short video guide takes you step by step through the mortgage application process.

Watch Now
Back to top