30-Year Fixed Rate
The 30-Year fixed rate mortgage is, by far, the most popular mortgage product. In fact, 8 out of 10 homeowners have a 30-Year fixed rate mortgage. Your rate and low payment will stay the same for the life of the loan, you will build equity over time, and it is the easiest loan in which to qualify. It’s straightforward, simple, and reliable. To know if this is the right mortgage loan for you, consider the following:
If you answered YES to these questions, a 30-Year Fixed Rate Mortgage may be right for you.
With Mortgage Moon, there are no pre-payment penalties so you have the freedom to make additional payments and build equity faster.