Fixed rate mortgages are ideal when:
- You want a fixed, predictable payment for the life of the loan.
- Your budget remains relatively constant.
- You plan to own your home for 5 or more years.
30-year Fixed Rate
Our most popular mortgage! Gain the security of low payments with a fixed interest rate for the next 30 years.
30-year Fixed Rate Interest Only
An interest-only** loan with a fixed rate gives security against rising rates, frees up monthly cash flow, and can even give you cash out if you need it. With the option to make payments of interest only for the first 10 years, this may be the answer you’ve been looking for.
15- to 20-year Fixed Rate
The choice is yours! When you want to build equity fast but don't want the higher payment of a 10-year fixed, this is the option for you.
10-year Fixed Rate
With the shortest term and lowest rates offered for fixed rate loans, the 10-year Fixed Rate mortgage is the best way to build equity. Save thousands of dollars in interest over the life of your loan.
Maintain Your Existing Term
Happy with your current term? We'll do our best to keep you on your current repayment schedule.
More Fixed Rate Options
FHA Mortgage
With higher maximum loan amounts, flexible credit and income requirements, and the ability to borrow up to 95% of the value of your home, an FHA mortgage may be just what you're looking for. Both fixed and adjustable rates are available for buying or refinancing a home.
40-year Fixed Rate
The longest term loan we offer. This fixed rate loan offers a low payment but does not always provide you with the lowest interest rate.
VA Mortgage
Flexible credit guidelines, great rates, and the ability to borrow up to 100% of the value of your home make the VA loan one of the best mortgages on the market. National City Mortgage is proud to help veterans take advantage of this great benefit.
**Interest only loans provide for payment of interest only for a set period of time, and payment of principal and interest for the remainder of the loan term. Interest only payments do not reduce principal. At the end of the interest only period, your monthly payment will increase, possible substantially, because you will be required to pay down the outstanding principal and all accrued interest.