Lock in a Fixed Rate Loan
Lock in a low rate and payment that remains constant, no matter how much mortgage rates fluctuate, and choose a term of 30, 25, 20, 15 or 10 years.
If you plan to keep your home for a long time and you would like to minimize your monthly payment, a 30-year fixed-rate loan might be your best option.
Or, if your goal is to reduce the total interest you pay over the life of the loan, and you can afford a slightly higher monthly payment, lower terms such as 15 or 10 years can reduce interest significantly.
Call 323-980-1010 to see if you qualify and get your personalized rate quote for an FHA loan.