Fixed Rates

When to Consider a Fixed Rate Mortgage
Now is an excellent time to consider a fixed rate mortgage. Today's market practically guarantees a low mortgage rate, and a fixed rate mortgage can insure you benefit from these low rates for the full term of your mortgage. Although your initial payments maybe higher than with an adjustable rate mortgage, you will receive the security of a fixed monthly payment for the life of you loan, regardless of rising interest rates, and are also likely to have a lower down payment. A fixed rate mortgage is perfect for anyone who likes to budget monthly expenses and plans to keep their home for several years. To find out more about fixed rate mortgages, fill out the form below. After submitting your information, a mortgage specialists will work with you to discover if a fixed rate mortgage is right for you.

40 Year Fixed Rate Program
Forty-year mortgages have lower monthly payments than their 30-year cousins, although they cost more over the life of the loan because the borrower pays interest for 10 years longer. With the lower monthly payments, they are seen as a tool to allow people to buy homes that are unaffordable with 30-year mortgages.

30 Year Fixed Rate Program
A loan that has an interest rate that is fixed for the term of 30 years. With the interest rate locked for the term of the loan the corresponding principal and interest payment is fixed for the term and pays the loan in full at the end of the term.

15 Year Fixed Rate Program
A 15 year fixed mortgage is a type of mortgage loan that is repaid by the borrower making 180 equal monthly payments over a period of 15 years. Since the borrower's payments are 'fixed', the borrower can expect to make the same monthly payment for the entire term of the loan. A 15 year mortgage loan is the most widely accepted program used to finance a residential purchase, and is available for conventional, jumbo, FHA and VA loans.

When Not to Consider a Fixed Rate Mortgage
There are many different options available to anyone seeking a mortgage. For example, if you are willing to take a risk in order to have lower initial payments, you might prefer an adjustable rate mortgage to a fixed rate mortgage. Or, if you already have a mortgage and are looking for a second, you might want to consider a home equity loan for debt consolidation or home repairs. Perhaps you simply want to take advantage of today's low rates, and should maybe consider mortgage refinancing.

After you have submitted our secure online form, a specialist will help you discover which of these is the right mortgage solution for you. It is your financial future – make it a happy one by enlisting our professional help.

We offer you a convenient and secure options to get started. Purchasing a home or looking to refinance you home, Get Pre-Qualied One form, one call, one lender, that simple!

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