Fixed-Rate Loans

    Stable payments and peace of mind

    A fixed-rate loan is a stable mortgage option with a locked-in interest rate and predictable principal and interest payments for the term of the loan.

    Learn about fixed-rate loans

    Great rates, low costs

    Fixed-rate loans feature affordable, competitive interest rates that keep borrowing costs low.

    Predictable and budget friendly

    Enjoy the same locked interest rate for the entire term of your mortgage.

    Straightforward

    A great option for first-time buyers with straightforward loan terms and paperwork.

    Fixed-rate vs. adjustable-rate mortgage:
    What’s the difference?

    A fixed-rate mortgage simply means that you have the same (fixed) interest rate for the life of the loan – it never changes. Your mortgage payment will be the same amount every month.

    An adjustable-rate mortgage has a fixed rate for a set period, then is adjusted throughout the remainder of the loan. In the adjustable-rate period, because the interest rate changes, your loan amount may vary (every 6 months or annually) depending on the ARM option.

    Apply for your fixed-rate loan today

    Apply for your fixed-rate loan today

    Find out what you can afford

    Try our suite of calculators and tools to get a better understanding of how your finances impact your options.

    Why Newrez?

    Newrez believes the lending business shouldn't just be about home loans - it should be about homeowners. That's why our employees get to know our customer's real needs, through final closing, and beyond.

    • Industry leading loan options
    • Simple pre-qualifications and application processes
    • Loans for everyone, from seasoned investors to first-time buyers
    • Putting power back into underserved communities