Our 30 Year Fixed Rate Is Low & Our Process Is Magical
A traditional 30 Year Fixed Rate home loan has a consistent interest rate throughout and the monthly payment will never change unless there is a cancellation of mortgage insurance. Depending on how long you plan on being in the home is a great question to discuss with a mortgage specialist and also the difference in monthly payments of a 15 and 30 year fixed rate mortgage.
We always would suggest a 30 year fixed rate mortgage unless it’s a small loan amount where you can leverage a 15 year fixed rate which would almost always give you a lower interest rate also. We can give you estimates on how to review the difference between term mortgages if you wish.
We are here to cut down the turbulence on your home loan. Our team and skills are set up to help guide you along the way, starting with our FREE FAST PREQUAL FORM.
We suggest you review at least two loan options from us. Once reviewed a new discussion can take place tweaking the down payment or getting the monthly payment to where you want it to be. We will also look at Conventional Loans verse FHA loans which is a common topic for those two estimates. As well as the length of term of mortgage insurance on these loans, for example FHA loans have mortgage insurance for the life of the loan along with a funding fee.
The 30-Year Fixed Rate Mortgage Loan Process
Here’s how our home loan process works: