Loan Program Details
If you’re looking for a mid-length loan between the traditional 15 or 30-year, a 20-Year Fixed Mortgage Loan is a great option for you. You’ll have the same competitive interest rate over the entire life of the mortgage.
Our online application process is quick and easy. Our lenders are seasoned professionals and can help you make the decision that makes the most sense for you. That being said, we’re real people with real answers, here to answer any questions that come up along the way.
Why choose a 20-Year Fixed Mortgage Loan?
- Your rate and monthly payment are fixed, meaning you’ll pay the same amount through the life of your mortgage loan, unless you choose to refinance
- 20-year mortgage rates are typically more affordable compared to a 15-year due to the increased length of the loan
- You’ll pay more interest than a 15-Year Fixed Mortgage over the life of your loan, but your monthly payment will be more manageable
- If you are refinancing, a 15-Year Fixed Loan may not be manageable; however, a 20-Year Fixed Loan may be the more affordable option for you