Fixed rate loans

Loan types

Enjoy Consistent Monthly Payments with No Surprises

Fixed Rate Mortgage Loans

Fixed rate loans are available in all sorts of shapes and sizes, with predictable monthly payments for terms between 10 and 30 years.

During the early amortization period of a fixed-rate loan, a large percentage of your monthly payment goes toward interest, and a much smaller part toward principal. That gradually reverses itself as the loan ages.

Why Choose Fixed Rate?

You might choose a fixed rate loan if you want to lock in a low interest rate and plan to stay in your home longer than 5 to 7 years. Consistent monthly payments can help make budgeting and long-term financial planning easier.

First Heritage Mortgage offers several fixed rate mortgage options, including Conventional Loans, Jumbo Financing, Specialty Programs, and more. Talk to us about your needs and whether a fixed rate home loan could be right for you!