20-Year Fixed Rates are Very Low!
The 20 year fix is a great alternative to the 30 year and 15 year choices. The payment typically splits the difference of the 30 and 15 year loans.
How it Works
- Monthly payments based on interest rate, principal loan amount, and amortized interest over 20 years
- Your payment will not change throughout the life of the loan
- Your actual payment will vary based on your situation and the current interest rates when you apply
- Pay your mortgage off at any time without pre-payment penalties
- Refinance up to 95% of your primary home’s value
- Buy a home with as little as 1-3% down (primary home)
- Loan amounts from $25,000 to $2,000,000
Got questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions and get you started with a great low rate today!
Working with 1st American Mortgage
- We put YOU first.
- 1st American Mortgage offers some of the most competitive rates in the Nation!
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans. 1st American Mortgage will find you the loan that is right for you!!!