The Lowdown on 15-Year Fixed Rate Mortgage...

“Our 15-year Fixed Rates are Competitive & Our Process is Quick & Painless
This loan is fully amortized over a 15-year period and features a fixed rate for the entire term. It offers all the advantages of the 30-year loan, plus a lower interest rate and you’ll pay off your mortgage twice as fast. The disadvantage of a 15-year loan is a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in a shorter period. This approach is often safer than committing to a higher monthly payment. However, the rewards are huge for having a shorter loan term. The interest savings over the term are significant and more of your payment goes towards the principal balance than with a 30 year amortization.
We’re here to make the home loan process easier, with tools and expertise that will help guide you along the way, starting with our 15-Year Fixed Rate Mortgage Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.
The Home Loan Process
Here’s how our home loan process works:
- Complete our simple 15-Year Fixed Rate Mortgage Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
Do I Qualify?
As a rule of thumb, when interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.
- Fixed Rates
- Conventional Loans
- Jumbo & Super Jumbo Loans
- FHA, VA, & USDA Loans