The Lowdown
on 15 Year Fixed Rate Mortgages...
Our 15-Year Fixed Rates are Low & Our Process is Quick & Painless
This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate and you'll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn't that great.
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 COMPLIMENTARY 15−Year Fixed Rate Mortgage Qualifier.
We'll help you clearly see the differences between loan programs, allowing you to choose the right one for you whether you're a first-time homebuyer or a seasoned investor.
The 15-Year Fixed-Rate Mortgage Loan Process
Here's how our home loan process works:
- Complete our simple mortgage 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
![Our 15-Year Fixed Rates are Low & Our Process is Quick & Painless Our 15-Year Fixed Rates are Low & Our Process is Quick & Painless](https://ba83337cca8dd24cefc0-5e43ce298ccfc8fc9ba1efe2c2840af0.ssl.cf2.rackcdn.com/excellence/15-year-content-img.webp)
![Do I Qualify? Do I Qualify?](https://prminow.com/clients/14174/uploads/2022/03/1365802964-1-1.webp)
Do I Qualify?
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.
15-year Fixed Rate Qualifier![Do I Qualify? Do I Qualify?](https://ba83337cca8dd24cefc0-5e43ce298ccfc8fc9ba1efe2c2840af0.ssl.cf2.rackcdn.com/excellence/img06.webp)