Get A Fixed-Rate Mortgage Loan

Shopping for the right mortgage means choosing the right type of interest rate.

Most borrowers choose between the fixed-rate mortgage and adjustable-rate mortgage. 

At Mortgage Loan Center, we help our borrowers choose the option that best fits their financial picture.

What is a Fixed-Rate Mortgage?

A fixed-rate mortgage is a loan with an interest rate that doesn’t change. It remains the same for the life of the loan until you sell or refinance. This means your principal and interest remain the same for the 15, 20, or 30-year term you choose.  Get a fixed-rate mortgage loan today!

How Does it Work?

fixed-rate mortgage loanOnce you lock in an interest rate before closing, that’s your interest rate for the life of the loan. At Mortgage Loan Center, we help you lock in the lowest interest rate you’re eligible for based on your qualifying factors (credit score, debt ratio, income, and property type).

There may be some fluctuation in your payment if you escrow your real estate taxes and homeowners insurance, but we’ll go over these details with you when you choose your loan type and term. Get a fixed-rate mortgage loan today!

Who is it Best For?

At Mortgage Loan Center, we encourage borrowers who feel this is their ‘forever’ home to choose the fixed-rate mortgage. We also encourage any borrower with a fixed income or who doesn’t see their income increasing dramatically in the future to choose the predictability of the fixed-rate loan.

If this is a temporary purchase (you’ll move in 5 years or less) or you know your income will increase significantly in the coming years, an adjustable-rate loan may be an option too. We’ll discuss the pros and cons of each given your situation to help you decide. Get a fixed-rate mortgage loan today!

Pros & Cons of the Fixed-Rate Mortgage

Like any loan, there are pros and cons to the fixed-rate mortgage that we want you to know.


  • Your monthly payment doesn’t change (principal and interest portion)
  • Easy to understand
  • You don’t have to worry about increasing interest rates


  • You must refinance to take advantage of falling rates
  • An ARM may save you more money if you’ll live in the home for a short time
  • Rates are higher than an ARM introductory period

Let Mortgage Loan Center Help you Choose the Right Loan!

At Mortgage Loan Center, our professionals help you choose the loan that suits your financial position the best. We’ve helped thousands of home buyers and homeowners find the mortgage that’s just right for them and we can help you too.

Contact us today to learn more about your loan options and how we can help you!

Contact Us Today!

What are your goals? Everyone is unique, request your personalized rates and fees.