As previously mentioned, one of the most attractive qualities of a 30-year fixed rate mortgage is that the monthly payment is steady and predictable, and the interest rate never changes—even if the market does. If a predictable monthly payment gives you peace of mind, then this loan might be the right option for you.
At HMS Capital Funding, what we tend to hear most from our clients is that they need a manageable, low monthly payment when it comes to their mortgage. We can help you decide whether a 30-year fixed rate mortgage can offer you the low monthly payment you need in order to become a successful homeowner. In fact, we offer this loan as an option knowing that it can benefit the majority of our applicants.
*Rates subject to change without notice
A 30-year fixed rate mortgage includes predictable, low payments; this translates into a scenario that allows many Americans the opportunity to participate in the housing market. With ongoing credit-card and student loan debt, reducing one’s financial burden by choosing a longer loan period can make a huge difference in financial comfort overall. At HMS Capital Funding, we believe that you shouldn’t have to sacrifice in other areas of your life to become a homeowner.