Fixed Rate
10, 15, 20, 25 and 30 year Fixed
A fixed rate mortgage is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust.
The payment amount is independent of the additional costs on a home sometimes handled in escrow, such as property taxes and property insurance.
Advantages:
- Monthly payments are fixed over the life of the loan.
- Interest rate does not change.
- Protected if rates go up.
- Can refinance if rates go down.
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Notices. Saturn Commercial Finance Inc., dba Titan Lending Solutions NMLS ID #2480814 (www.nmlsconsumeraccess.org), 4445 Willard Ave., Suite 600, Chevy Chase MD 20815. This is not an offer to enter into an agreement. Information, rates, and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Titan Lending is not affiliated with any government agency. Copyright © 2023. All rights reserved. Equal Housing Opportunity Lender.
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