The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then stable-rate loans are usually cheaper.
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 No Obligation 30-Year Fixed Rate Mortgage Qualifier.
US Lender can 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.
Here’s how our 30-Year Fixed Rate loan process works:
As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. 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.
* This payment calculator is for informational purposes only. Ask your loan officer for the current market interest rate and APR for the most accurate payment possible which will include all of the following:
Principal and interest, property taxes, homeowner’s insurance, and mortgage insurance (if applicable).
