Fixed Rate Mortgage


Is a Fixed Rate loan right for you?

•Do you plan to stay in your home for many years?
•Do you prefer a consistent mortgage payment for budget planning?
•Does your peace of mind depend on a payment that never changes?


If you answered “yes” to any of these questions, a fixed-rate mortgage might be right for you! Since your rate won’t change for the life of your loan, your payment will never increase.


Fixed rate loans come in various types, and are generally the most popular loans for those looking to buy or refinance their homes. This is due to the security they provide, ensuring consistent monthly payments, without worry or hassle about changing interest rates. If you are planning to own your home for several years or more, a fixed rate loan may be your best option.


Fixed-rate mortgage qualification requirements
Refinance up to 95% of your primary home’s value


How a fixed-rate mortgage works
Monthly payments based on interest rate, principal loan amount, and amortized interest over certain amount of years
•Your payment will not change throughout the life of the loan
•Pay your mortgage at any time without pre-payment penalties