Predictable Monthly Payments

	Mortgage or Preapproval Apply Now		Free Consultation

If you're looking for the security of knowing that your monthly principal and interest (P&I) payments will never change, consider refinancing with a fixed-rate mortgage.

Loan Program	Features	Best For
Fixed-Rate Mortgage	Monthly principal and interest (P&I) payments that stay fixed for the entire life of the loan Protection from rising interest rates	Borrowers who prefer regular payments with no surprises Homeowners with limited or fixed incomes People who plan to stay in their homes a long time People who are refinancing a home at a time when interest rates are comparatively low
40/30 Fixed-Rate Balloon Mortgage	Fixed rate for 30 years, followed by a single "balloon" payment of the entire remaining balance1 Lower monthly payments than with a 30-year fixed-rate mortgage2 More borrowing power due to lower monthly payments and a longer loan term	Borrowers who prefer regular payments with no surprises People who plan to stay in their homes a long time Homeowners who are concerned that their debt could keep them from qualifying

	Mortgage or Preapproval Apply Now		Free Consultation

  ¹ The interest rate on a 40-year loan may be higher than that of a 30-year loan, causing significantly more in interest payments.
² If only scheduled payments are made for the entire loan term, the balloon payment could be as much as 50% of your original purchase balance.