15-Year Fixed Rate Mortgage
Get a FREE quote on a 15-year fixed rate mortgage & save thousands of dollars per year.
The Lowdown 15-Year Fixed Rate Mortgage...
Do I Qualify?
Qualification requirements for a 15-Year Fixed Mortgage are similar to other home loans but may be slightly stricter since monthly payments are higher. Lenders will review:
- Credit score and history
- Income stability and employment
- Debt-to-income ratio
- Down payment and assets
If your income supports a higher monthly payment, a 15-year term could help you save tens of thousands in interest over time.
Our 15-Year Fixed Rates Are Low & Our Process is Quick & Painless
A 15-Year Fixed Mortgage offers lower interest rates compared to longer-term loans, while ensuring your payment stays constant for the entire term.
Homeowners often choose this loan to:
- Save on interest by cutting the loan term in half
- Build home equity faster
- Become mortgage-free sooner
- Lock in a stable rate for long-term financial security
While monthly payments are higher than a 30-year loan, the overall savings and faster path to full ownership make this option attractive for many financially stable borrowers.