15-Year Fixed

The second most common choice among borrowers seeking a fixed rate is the 15 year term. A 15 year term will cut interest payments almost in half over the life of the loan. Did you know there are other loan terms as well? Let’s look at a 20 and 25 year term and compare together.

We’re here to make the home loan process easier, with tools and knowledge 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 repeat buyer.

The 15-Year Fixed Rate Mortgage 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

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.