Get a FREE quote on a 15-year fixed rate mortgage & save thousands of dollars per year.
This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate and you'll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to 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 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn't that great.
We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE 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.
Here's how our home loan process works:
As a rule of thumb, it may be easier to qualify for a fixed rate loan than for an adjustable-rate loan.
Are you a 'set it and forget it' type of person?
Fixed-rate loans generally have only a slightly higher interest rate when compared to an adjustable rate loan and may be better in the long run, because your rate is locked in for the life of the loan. The Set it and Forget it!
Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below:
