Get Qualified Today!
 Home Equity
 Second Mortgage
 Home Improvement
 Debt Consolidation

Fixed-Rate Mortgage

Looking for Adjustable Rate Mortgages?

Do you prefer regular mortgage payments with no surprises? Plan on staying in your home for a long time?

Fixed-Rate Mortgages offer:

  • Predictable payments
    There are fixed monthly payments for the life of the loan.
  • Protection from rising interest rates
    For the life of the loan-- no matter how high market interest rates go up-- your rate remains the same.
  • Rate lock options
    You can lock in the mortgage interest rate during the construction period for up to one year, with the opportunity to secure a lower rate if rates decline.
  • Faster equity growth
    In comparison to other mortgage options such as ARMs and Balloon Mortgages

Best for people who:

  • Prefer regular payments with no surprises
  • Are on limited or fixed incomes
  • Plan to stay in their homes a long time
  • Are purchasing or refinancing at a time when interest rates are comparatively low

Fixed-rate mortgages (also known as F.R.Ms) offer the same interest rate, monthly principal and interest payment throughout the entire term of the loan.'s Home Mortgage Dept. offers a variety of terms in both government conforming and jumbo loan amounts. The longer the term, the lower the monthly payments and the more cash you'll have for other expenses. With a shorter term, you'll have higher monthly payments and you'll qualify for a smaller loan amount, but you'll save on interest costs over the life of the loan and build your equity faster. The fixed-rate mortgage loan is the "traditional" choice and is still the most popular because it offers stability and predictable monthly payments.

Now show me Adjustable Rate Mortgages

Valuable Resources

Loan Payment Calculators
Glossary of Loan Terms
Consolidating Your Debt

Recommendation Central
Should You Rent or Own?
The Value of a Credit Report