Graduated Payment Mortgage (GPM)

Grow into your payments.

A GPM starts with lower monthly payments that gradually increase over time, making it ideal for buyers early in their careers who expect rising income.

Features:

• Lower initial payments

• Predictable yearly increases

• Designed to match income growth

• Fixed loan term (usually 30 years)

Best For:

Young professionals, new families, or first-time homeowners planning long-term residence.