THE 30-YEAR FIXED MORTGAGE
The Most Popular Loan for Security and Mortgage Payment Stability
Enjoy the added peace of mind that a 30-year fixed rate mortgage offers – the interest rate will never change for the life of your loan. Your payment will not be affected by current market conditions and rising interest rates. If you plan on keeping the home for several years, a fixed rate mortgage may the perfect choice for you.
- Rates for 30-year fixed mortgages are currently at or near historic lows. This means your mortgage payment starts low and remains low.
- You can put as little as 5% down with a 30-year fixed mortgage on your primary residence.
- While the 30-year fixed mortgage is the most popular choice, 10, 15, 20, and 25 year terms are also available. The shorter your term, the less interest you’ll pay. Another advantage is a fixed rate loan is that you will always know what your payment will be so that you can plan your budget.
Great time to Refinance!
- A 30-year fixed mortgage is a great way to refinance up to 95% of your primary home’s value. Or, refinance up to 80% to take cash out and pay down debt.
- Nine million more Americans could be eligible for a refinance with President Obama’s Making Home Affordable Program. Contact a home lending expert to see if you qualify!
Is Your Loan Amount over $417,000?
- If so, a jumbo loan option is for you! Congress has approved changes that may get you a lower mortgage rate. Call to see if your county qualifies.
Talk with a Home Loan Expert Now at (419) 367-5921 or fill out the short form on the right to get started!
Call and ask how you can receive a $500 coupon to use towards an appraisal or closing costs!