Fixed Rate Mortgage

The fixed-rate mortgage has long been the most popular home financing product. With an interest rate that never changes, it provides stable, predictable monthly payments throughout the life of the loan. Your monthly payments won't decrease if market rates go down, but you'll have the comfort of knowing you are protected if rates go up.

If you plan to stay in your home for more than seven years, and prefer the security of stable payments to being at the mercy of the market, a fixed-rate mortgage may be the best option for you. We offer fixed rate mortgages usually have a length of 10 years, 15 years, 20 years and 30 years.

The lower the term or length of the loan the higher the payments will be but it will reduce the total monthly payments over the life of the loan. If you can not afford the higher payments now you may want to take a 30 year mortgage. All of our 30 year fixed rate mortgages have no prepatment penalties and you can make additional payments as your budget allows and pay the loan off early without added cost.