Bringing You Closer to Home
Fixed-Rate Mortgage
A fixed-rate mortgage is one of the most popular loan types. You can lock in a competitive interest rate that stays the same for the life of the loan. Even if rates in the market increase, yours won't unless you decide to refinance to a different rate. With a fixed-rate mortgage, there's also the benefit of lower monthly payments that can be spread out over many years, which could help borrowers qualify for larger loan amounts.
Because your rate doesn't change, your principal and interest payment will also stay the same for all the years on your mortgage. But keep in mind, there could be slight adjustments to the total monthly payment you make if your property taxes and homeowners insurance change during your loan term.
Benefits of a Fixed-Rate Mortgage:
- Predictable mortgage payments for easier budgeting
- Same rate for the loan term, regardless of market activity
- Longer loan term for relatively lower monthly payments
Your interest rate stays fixed for the life of the loan.
Your interest rate changes according to a preset schedule.
Popular with first-time buyers, this loan has a minimum 3.5% down payment and low interest rates.
Loan for eligible veterans and active-duty service members, with no down payment in most cases.
Shopping for a higher-priced property? Lock in a competitive rate and stable monthly payments on your ultimate dream home.
USDA Loans offer no-money-down mortgages for rural and suburban buyers.
Contact Us
Regional Headquarters
4801 Gaillardia Parkway, Suite 325Oklahoma City, Oklahoma 73142
Phone: 405.213.0096