Fixed-Rate Mortgage
A Fixed-Rate Mortgage is one of the most popular home loan options for a reason. With a consistent interest rate and stable monthly payments, it gives you the confidence to plan your financial future, without worrying about changing market conditions.
Why Choose a Fixed-Rate Mortgage?
- Consistent monthly payments for the life of your loan
- Protection from rising interest rates
- Flexible loan terms to fit your budget and goals
- Easy to understand and plan around
What Makes a Fixed Rate Mortgage a Good Choice?
A Fixed-Rate Mortgage may be a great fit if you:
- Plan to stay in your home long-term
- Prefer stable, predictable payments
- Want protection from future interest rate increases
- Have steady income and want to lock in your housing costs
Loan Details
- Fixed interest rate for the entire loan term
- Available terms up to 30 years
- Down payment options as low as 3%*
- No prepayment penalties
What to Expect
With a fixed-rate mortgage, your principal and interest payment stays the same throughout the life of your loan.
This makes budgeting easier and provides peace of mind, even if market rates rise in the future.
Our Experts Can Help
No matter where you are in Michigan, our friendly team of mortgage experts is here to guide you through every step of the home-buying journey. From pre-approval to closing, we’ve got you covered. Come share your story with us—we’d love to help make your homeownership dreams come true!
Local Lending Pros
- Our local mortgage lending experts know your community because they live and work there
- Your mortgage lender will be with you through the entire process, from pre-approval to closing
- Our team can give you helpful payment info and other insights about the process
- Tell our team your story. We’re sure to have a solution to fit your needs, and your budget.
Mortgage Resources
We want to make sure your home buying experience is as easy as possible. We’ve dedicated a section of our blog to mortgage and home buying topics. We hope you find them helpful. If you have questions, reach out to our Mortgage Team or give us a call at 800.442.2800.
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*APR = Annual Percentage Rate. Your rate may be different depending on your credit profile and home value. Rates are subject to change without notice. Additional restrictions may apply.
*Additional Information
Buyers who can afford to make a down payment of at least 20% are not required to pay Private Mortgage Insurance (PMI). Buyers who put less than 20% down may be required to carry PMI.
Down payment programs may have eligibility requirements. Contact us for full details.