Fixed rate home loans are simple and straightforward, and with MortgageBase, you can attain a super jumbo fixed rate mortgage at an excellent rate. We offer fixed rate mortgages with 15, 20, and 30 year terms.

What Is a Fixed Rate Mortgage?

A fixed rate mortgage is just that: a mortgage with a fixed interest rate. Unlike adjustable rate mortgages (ARMs), the interest rate never changes. You’ll know exactly what to expect on your mortgage bill. Borrowers simply pay down the value of the loan, while paying interest on the loan.

Our Options

MortgageBase offers super jumbo fixed rate mortgages with 15, 20, and 30 year terms. The length of the term will be a major factor in determining the interest rate on a home loan. Loan rates are also determined by all of the following factors:

  • The borrower’s credit score.
  • The location and value of the property.
  • The amount of the loan.
  • The down payment on the property.

Paying Down Your Fixed Term ARM

Can you pay down a fixed term ARM early?

You can! Borrowers are welcome to pay back their mortgage more quickly by paying more than the minimum payment due per billing cycle. If you’re interested in reducing the term of your loan while improving the equity of your home, you can pay back your mortgage more aggressively. Often, borrowers opt to pay an extra hundred dollars or so with each payment in order to reduce the term length for their home loan. You could reduce the term on your loan by years!

Get a Quote

Ready to get started? Take a second to fill out our form for a rate quote on our super jumbo fixed rate mortgages. If you’re curious about our home loan packages, don’t hesitate to get in touch with us.