What is Fixed Rate Mortgage Loan?
Want to know what is Fixed rate mortgage Loan?
A fixed rate mortgage offers piece of mind. Regardless of fluctuations in the market, your principal and interest payment remains the same for the duration of the loan.
We offer fixed rate mortgage for 10, 15, 20, 25 and 30 year terms. The longer the term of your loan, the lower the monthly payment will be. With a shorter term, you will build equity in your home more quickly.
Because they offer a monthly payment that is known and does not change, fixed-rate mortgage loans are the traditional choice of homebuyers who plan to stay in their home for many years and want to build equity in their home.