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?
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.
- 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
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
Local Mortgage Lending Experts
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!
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.