15-Year Mortgage

15 Year Mortgages

The shorter length of this mortgage allows you to pay off your loan much more quickly. You also build equity at a much faster rate.

The Lowdown 15-Year Fixed Rate Mortgage...

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The interest rate on a 15-year mortgage is often slightly lower, so it is a great choice if the monthly payment amount is not an issue. You begin building equity quickly and reducing your total debt at the same time.

Our 15-Year Fixed Rates Are Low & Our Process is Quick & Painless

This loan is fully amortized over a 15-year period with fixed monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate and you’ll pay off your mortgage is half the time. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Borrowers often opt for a 30-year fixed-rate loan and voluntarily make larger payments to reduce their principle and shorten the life of the loan.

We’re here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE 15-Year Fixed Rate Mortgage Qualifier.

We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.

The 15-Year Fixed Rate Mortgage Loan Process

Here’s how our home loan process works:This loan is fully amortized over a 15-year period with fixed monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate and you’ll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Borrowers often opt for a 30-year fixed-rate loan and voluntarily make larger payments to reduce their principle and shorten the life of the loan.

 

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