• Consistent budgeting every month
• Choose among 10-, 15-, 20- and 30-year terms
• Interest rate never changes during mortgage term
• 30-year is most popular; offers lowest monthly payment option

A Fixed-Rate Mortgage is Investors’ most popular loan program. It provides the security of a consistent interest rate and payment over the life of your loan. Planning to live in your home for a long period of time? Like consistency in your budget? Then a Fixed-Rate Mortgage might be right for you.

Your overall interest rate will depend on the term of the loan. A 15-year Fixed-Rate Mortgage will enable you to own your home in half the time of a 30-year Fixed-Rate Mortgage, but your payments will be higher. One way to receive a reduced rate on a Fixed-Rate Mortgage would be to consider a Bi-Weekly Mortgage Program.