A 30 year fixed rate mortgage will maintain the same interest rate for the life of the loan, fixed for 360 payments. This is a traditional type of loan that offers the security of consistent monthly payments. If you do not plan on moving or selling your home in the next few years we would recommend choosing the 30 year fixed rate mortgage for your home loan.
- Low Fixed Rate
- Low Minimum Payments
- Flexible Mortgage Terms
- Easier to Qualify for Financing
- 30 Year Fixed Rates available on most loans
30 Year Fixed Rate Mortgage: We now offer 30 Yr Fixed Loans down to a 580 Credit Score! Request Information Now
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30 Year Mortgage Benefits
There are several benefits to a 30 year mortgage. The main benefit is consistency and predictability of payments. This loan term is the most popular loan term in the United States because it makes homes affordable and provides a stable payment option for home owners.
If you wish to pay your loan off sooner than 30 years to save interest then you can always make larger payments or pay your loan bi-weekly to build equity faster.
How to Qualify for a 30 year fixed rate mortgage
Qualifying for a traditional 30-year fixed rate mortgage is a straightforward process. To get started, call us at 800-555-2098 or simply apply online to request more information.
Documentation needed for a 30 Year Fixed Rate Mortgage
- Income Documentation
- Asset Documentation
- Credit History
- Identification / Photo ID
Want to pay off your 30 year mortgage faster?
The downside to a 30 year fixed rate mortgage is that it will take nearly half a lifetime to pay off for many people. One way to avoid this is to pay extra on your payments which will go directly to the principal balance as mentioned above.
If you are sure you have the extra money in your budget to pay off your loan faster then a 15 year fixed rate mortgage is a great way to lower your interest rate and pay off your mortgage fast!
What fixed rate mortgage clients say
Rated 4.9 out of 5 from 1004 Google reviews of Riverbank Finance LLC.
“Sonya was exceptional wonderful. Timing was great, everything kept moving smoothly right along. The others that helped out extremely respectful and helpful also. I have to say they are the best when you are refinancing or need a mortgage. Communication was above and beyond my expectations. Thank you all so very much. Definitely will use them again and reference them to everyone!!”
“As a first-time homebuyer, I really appreciated how informative and patient Anthony was throughout the entire process. He took the time to explain each step clearly and made sure I felt comfortable and confident in my decisions. Communication was always prompt and helpful, and I consistently felt like I was in good hands. I’d highly recommend Anthony to anyone looking for a knowledgeable and reliable mortgage broker.”
“Anthony Bird was fantastic through our home purchase experience. He was always available for our questions and made sure the process was as smooth as possible and that we knew all our options. This was our second time using him and would recommend!”
“Sonya was AMAZING to work with! I had a challenging situation and she found me a great option for my mortgage, whereas other companies flat out said, “nope, can’t help you.” I closed this week and the entire process was smooth and Sonya was very accessible/responsive to my questions along the way. I am extremely pleased, and thankful, for having found Sonya at Riverbank, for my mortgage.”
“We can’t say enough great things about Michaele! Buying a new home is a huge decision, and throughout the entire process, she made us feel confident, informed, and genuinely cared for. As a family of five preparing to move into our new home, there were plenty of questions and moving pieces along the way. Michaele was always quick to respond, patient with our questions, and willing to go the extra mile to make sure we understood every step. We never felt like just another transaction—she truly had our family's best interests at heart Her professionalism, knowledge, and attention to detail helped make what could have been a stressful experience feel smooth and manageable. Thanks to her guidance, we were able to focus on the excitement of finding the right home for our family. We are incredibly grateful for all of her hard work and would highly recommend her to anyone looking for a mortgage professional who is not only excellent at what she does, but also genuinely cares about her clie”
“Tomas F. is absolutely amazing, and I’m so thankful he was my loan officer. As a first-time homebuyer, I had a lot to learn, and he walked me through every step of the process, taking the time to educate and guide me along the way. There were definitely some stressful moments, but Tomas was always there as my advocate. He prepared my file so thoroughly before underwriting that the processor and underwriter already had everything they needed, making the underwriting phase smooth and surprisingly quick. If rates drop, I already plan to refinance with Tomas. I trust him completely and am confident that he will handle my file with the same care, diligence, and professionalism. He’s not only effective at what he does, but also kind, patient, and genuinely invested in helping his clients succeed. I would recommend Tomas to any homebuyer, but especially to first-time homebuyers. If you’re looking for someone who is trustworthy, patient, diligent, and highly effective, give Tomas a call.”
“Josh was amazing to work with. He went well above and beyond with every aspect of our mortgage approval. He personally cares about his clients. His interactions with us were nothing but professional, helpful, informative, and timely. For our next house, we will definitely choose Josh!”
“I’ve had the pleasure of partnering with Michaele Daugin on several client transactions, and she consistently goes above and beyond for her clients. Michaele is knowledgeable, responsive, and dedicated to making the mortgage process as smooth as possible. Her professionalism, attention to detail, and commitment to exceptional service make her a trusted resource for homebuyers. I highly recommend Michaele to anyone looking for a reliable and experienced mortgage professional.”
Ready to lock in a 30 year rate?
Submit your information now and a licensed residential loan officer will contact you within 24 hours. If you need immediate assistance then please call us now at 800-555-2098!
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