Fixed Rate Mortgage

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The comfort of consistent payments gives you the ability to plan ahead 30 Years, 20, 15, 10... The choice is yours.

Fixed mortgage rates today come in various types, and these home loans are generally the most popular for those looking to buy or refinance a home. This is due to the security that fixed home loan rates provide, ensuring consistent monthly payments, without worry or hassle about changing interest rates. If you are planning to own your home for several years or more, a fixed rate home loan may be your best option. The most popular home loan program is the30 year fixed rate mortgage, but10 year fixed rates,15 year fixed ratesand20 year fixed ratesare also popular.

Why get a fixed rate home loan?

  • Get the security of a mortgage interest rate and payments that won't change
  • Makes budgeting easier
  • Put as little down as 5%
  • Federally insured FHA Fixed Rate loan programs are also available (starting at 3.5% down)

Fixed Rate Loan Options Comparison

The higher the years for a fixed rate loan, the lower the monthly payment. Alternatively, the lower the number of years for a fixed rate loan, the greater the interest savings over the life of the loan

Why talk to a loanDepot licensed loan officer?

Talking to a licensed loan officer is an important step to getting the right mortgage loan. Everybody has different loan needs and a licensed loan officer knows which questions to ask in order to best match you with the right loan and monthly payment.Since we have a strictNo Steering policy, you can be assured that the loan option suggested to you will fit your needs. Fixed rate mortgage quotes are available online or by phone.

The licensed loan officer will also explain all the steps from getting started, to locking in your low rate, to closing your loan fast, in little as 30 days. Because we are a direct lender, if you have any questions during the loan process, you will have one direct number enabling you to get quick answers straight from the source.

Home Purchase Calculator

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Refinance Calculator

Time to refinance? loanDepot’s powerful savings tool will assess your options instantly

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