30-Year Fixed-Rate Mortgage

Benefits of a 30-year Fixed Rate Mortgage

In a super low rate environment, like we have been experiencing over the last several years, a 30-year fixed-rate mortgage is often the best option. Here are a few of the key reasons you might consider this loan option:

• If you plan to stay in your home for many years
• If you prefer the peace of mind of a payment that never changes
• If you like the flexibility of a lower mortgage payment

There is a reason that the 30-year fixed-rate mortgage is the most popular option. It gives you a perfect balance of peace of mind and a low, consistent monthly payment.

Do It Yourself Mortgage Analysis

• Try Our Mortgage Calculators
• Get Real Numbers with Our Velocity Application

Review the Different Types of Loans

• 30-year Fixed Rate Loan
• FHA Loan
• VA Loan
• Jumbo Loan

Popular Questions About 30-year Mortgages

• How do I get a mortgage as a first-time home buyer? – The first time you buy a home and get a mortgage can be an anxious time. But, it doesn’t have to be. With a little bit of research, you will know exactly what to expect and how to prepare to make this experience smooth and stress-free.
• Who will I be working with when I get my mortgage? – Another great question! Unfortunately, there are a lot of folks involved in getting your mortgage–your loan officers, processors, real estate agents, underwriters, appraisers, title agents, lions, tigers, and bears, oh my! But, don’t worry. We’ll introduce and explain who all these characters are and how they work for you.
• 5 signs you’re ready to buy a home? – If you’re ready to settle down, your debt is under control, and your family is growing then you might be ready to buy a home. Why would you pay rent when you could be investing in your own real estate asset?
• Should I buy a starter home or a dream home? – This is an important and often unasked question. What makes the most sense in your personal financial and life circumstances? We tackle this question by asking you to consider a few questions to make sure you buy the perfect sized home and get the perfect sized mortgage.