Fixed Rate
A Fixed Rate loan is a reliable option when you're seeking predictability. You're guaranteed long term financial security and the convenience of knowing exactly what to expect with each payment.
Predictable Payments
Knowing that your interest rate won't change over time allows you to plan your budgets more effectively. You can anticipate your monthly payments without the worry of unexpected increases.
Interest Rate Increase Protection
With a fixed rate loan you remain shielded from sudden spikes in your interest payments, regardless of how market interest rates fluctuate. This is particularly helpful when the economy is uncertain or interest rates are expected to rise.
Long Term Stability
Fixed rate loans are often preferred for mortgages because they provide stability over the entire term of the loan. So over the 15, 20, or 30 years that your loan may cover, your payments stay consistent.
No Refinancing Risk
Unlike adjustable rate loans, where you may need to refinance to lock in lower rates or avoid rising payments, fixed rate loans have no need for refinancing. Once your interest rate is secured, you are protected from future interest rate fluctuations which can save you both time and money.
Comparison Transparency
Interest rate is the primary factor determining the cost of borrowing, so fixed rate loans offer a straightforward comparison process. You can easily compare loan prices and select the option that best suits your financial needs.
Embrace a worry free financial future!
No surprises from fluctuating interest rates.
Steady monthly payments so you can sit back, safely plan, and stay in control.
Cindy Regan, All Rights Reserved
Cindy Regan - Originating Branch Manager - NMLS #264375
The Lending Authority Team - Hancock Mortgage -Powered by City First Mortgage Services LLC - NMLS #3117
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. The Lending Authority Team powered by City First Mortgage Services is not an agency of the Federal Government, and is not acting on behalf or at the direction of HUD/FHA.
Cindy Regan, All Rights Reserved
Cindy Regan - Originating Branch Manager - NMLS #264375
The Lending Authority Team - Hancock Mortgage -Powered by City First Mortgage Services LLC - NMLS #3117
Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. The Lending Authority Team powered by City First Mortgage Services is not an agency of the Federal Government, and is not acting on behalf or at the direction of HUD/FHA.