Our 15-Year Fixed Rates Are Low & Our Process is Quick & Painless
This loan is fully amortized over a 15-year period and features constant monthly payments. It may offer advantages to a longer duration loan, plus you may get a lower interest rate. 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 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 15-Year Fixed Rate Mortgage Loan Process
Here’s how our home loan process works:
*All loans are subject to underwriting or investor approval. Other restrictions may apply. This is not an offer of credit or a commitment to lend. Guidelines subject to change. VA loan subject to veteran's full eligibility. USDA Program is for primary residence only and Income and Geographic limits apply.
As a general rule, fixed-rate loans offer a higher level of security for the borrower. You know that your rate will never increase throughout the life of that loan. When interest rates are low, fixed-rate loans are typically the way to go. As rates fluctuate, you may want to give some consideration to factors such as how long you intend to occupy the home, will you lease it out in the future as an investment property, or do you want to tap into equity at some point? We can help guide you through these and many other possible scenarios!
What loan programs do we offer? Easy… pretty much all of them!