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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By clicking “Submit”, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Riverbank Finance LLC about your inquiry and other home-related matters, but not as a condition of any purchase; this applies regardless of whether you check, or leave un-checked, any box above. You also agree to our Privacy Policy and Terms of Use regarding the information relating to you. Msg/data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. This no obligation inquiry does not constitute a mortgage application. To apply now or get immediate assistance, call us at 1-800-555-2098.
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 1020 Google reviews of Riverbank Finance LLC.
“Sonya was the best! I had many, many questions and concerns as a first-time homebuyer and she was very patient and understanding. I spoke with at least 4 other companies about getting pre-approved at the start of this process and Sonya was the only person who consistently answered my questions and proactively reached out to see if I needed anything or had more questions. Between her and our agent I really felt like buying our home was a team effort, and I can't imagine any way things could have gone more smoothly.”
“This is the second time that I have worked with the team at Riverbank Finance and once again they nailed it. They helped me with the financing on my very first home and now years later they helped me and my family upgrade to a new house. Most recently we worked with Anthony, who did a fantastic job. He made himself available any time for questions and he was on top of the process making sure things were moving along for us the entire time. Even the few times when he wasn't available, he made sure to connect us with someone else on his team that was competent to answer questions and keep helping us. This was something that I appreciated a lot, it set them in contrast to so many other places that will just leave you hanging. My realtor even commented on how easy it was to work with the Riverbank team.”
“If I could give a negative I would. First, I'm a retired senior, vet, just getting over cancer. I applied at this company for a MOBILE home. Something I told myself, I would never do. Paid off all my bills, raised my credit score over 700. I applied with them for a reasonable price trailer, that I could move into and get my house available for sale/or rent. THEY DEMANDED ALL MY PERSONAL INFORMATION, 1099, W2, copy of my Driver's license and even my bank statements. Wouldn't you think you got the LOAN, NO; demanding by email for me to SIGN a document allowing them to SOLICIT my CELL PHONE with my permission and my bank statements. The next email said NO to the loan unless I sell my house and $10000 down. ON A FLIPPING TRAILOR. Talk about taking advantage of a senior and getting ALL MY PERSONAL INFORMATION, that should be illegal. I would not recommend this financial institution to a dog. Don't do business with them. Interesting how this owner for his company SAID ALL MOBILE”
“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”
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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