California Fixed Rate Mortgages
Find mortgage options with rates that don’t change.
At Empower Capital Group, we offer a variety of Fixed Rate Mortgage solutions for your next California home purchase or refinance. With a Fixed Rate Mortgage, your interest rate remains fixed for the duration of your home loan — that means no matter what happens in the mortgage market, your rate will stay put and your payments will remain predictable throughout the mortgage term.
Contact us today for a free quote and home loan consultation on Fixed Rate Mortgages.
(800) 98-LOWER | (800) 405-7941
Fixed Rate Mortgage Overview
With a Fixed Rate Mortgage, the borrower’s interest rate remains the same throughout the entire loan. That means, if you have a 30 Year Fixed Rate Mortgage, your interest rate will stay put for the full 30 years (unless you refinance). This can provide a sense of security and predictability for homeowners who are concerned with keeping their monthly payment steady.
With Adjustable Rate Mortgages (ARMs), the interest rate can be subject to adjustment after an initial introductory low rate term. Usually, these terms last only 3, 5, 7 or 10 years. For example, a 5 year ARM would offer a lower-than-average introductory interest rate that would remain the same for just the first 5 years of the loan. While this may be fine for first time buyers who are likely to move up to a different home in a few years, it might not be a financially wise choice for people buying their “forever” homes.
At Empower Capital Group, we offer Conventional Fixed Rate Mortgages in 10, 15, 20 or 30 year terms. Keep in mind that the longer the term, the lower your mortgage payment. By contrast, the shorter the term, the sooner you can pay off the loan.
In addition to Conventional Fixed Rate Mortgages, we also offer fixed rate options for government-backed loans like FHA Mortgages
, USDA Loans
and VA Loans
. All three of these programs feature low or zero money down options for qualified borrowers, making them affordable choices for the right candidate.
How Can I Learn More?
If you’d like to learn more about Fixed Rate Mortgage solutions from Empower Capital Group, simply call us at (800) 405-7941 or complete the form on this page and one of our hoome financing experts will reach out to you after reviewing your information.
Want to do a little more research before contacting us? No problem. We encourage you to explore our blog
for information on home loan programs, California real estate data, home buying tips and more.