Is a Fixed-Rate Mortgage right for me?
A conventional fixed-rate mortgage is the option for you if you appreciate the stability that comes with a steady monthly payment. Having a fixed rate is perfect if you have a firm budget and are expecting to stay in your home for quite some time. The predictable payments will give you peace of mind knowing exactly how much you’ll be paying each month. You’ll be able to know exactly how much interest you will pay over the life of your loan.
Get the home of your dreams! With a conventional fixed-rate mortgage from Mainstreet, we strive to provide:
- No prepayment penalty
- Competitive interest rates
- Fees $500 less than competitors on average because we process and close our own loans
- Local and personal service because we don’t sell our conventional loans