FIXED RATE MORTGAGES

WHAT IS A FIXED RATE MORTGAGE?

Fixed rate mortgages are the most basic and most popular form of loan for home and product purchasing in the United States. Unlike an adjustable rate mortgage, the monthly payments for a fixed rate mortgage stay stable through out the life of the loan, providing the stability many home buyers require during unstable economic times. The most common fixed rate loans are 15 year and 30 year mortgages, but shorter terms are available.

Mountain Trust Mortgage’s fixed rate mortgage programs are tailored to fit your specific lending needs. Give us a call today to learn more!

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