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(800) 553-0880
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Fixed Rate Mortgage Loans

With Fixed Rate Mortgage, your rate remains fixed throughout the life of your loan, as does your payment amount. 

This may be the loan for you if you plan to stay in your home for a long period of time or you like the idea of having predictable monthly payments.

 
10-Year Mortgage
15 and 20-Year Mortgages
30-Year Mortgage
40-Year Mortgage
Pre-payment penalty  N/A  N/A N/A  N/A 
No-Cost loan  X  X X N/A 
Bi-Weekly Payments  N/A  X X X
Property limitations California properties: primary residences, second or vacation homes, and investment properties No condos, second or vacation homes, or investment properties; California properties only
Jumbo-Conforming Pricing  N/A Available on 15-year and 30-year mortgages NA

 

*Conforming rate discounts available on loan amounts up to $729,750 on single-family residences in California counties that qualify for higher conforming limits. Some restrictions apply. Conforming rate discount program not available on condos. Rate/monthly payment example assumptions: no points, 80% loan-to-value (LTV)/20% down payment, single family residence (non-condo) in California only. Rates as of 06/01/2008.


Additional information on the options:

No Cost Loans
A No Cost version of this loan would require no lender closing costs to establish the loan.

Interest Only
An Interest Only, 30-year Fixed Rate Mortgage with a 15-year interest-only period. This loan offers lower payments than the traditional fixed-rate loans, and without negative amortization. At the start of the 16th year, the monthly payment changes to a stable, predictable amount to include both the principal and interest due. With an Interest Only, 30-year Fixed Rate Mortgage, you may qualify for a higher loan amount, and still have extra cash to invest or pay bills.

Bi-Weekly Payments
If you are looking to pay off your mortgage principal faster and lower your total interest payments, our Bi-Weekly Payment option may be just right for you. Payments are due every 14 days as opposed to every month. As each payment is applied immediately to the loan’s principal balance, the Bi-Weekly Payment mortgage will be paid off sooner, resulting in significant interest savings over the life of the loan.

Rates and terms subject to change without notice. Additional conditions may apply.