Compare 15 Year Home Loans Programs and Rates

Looking for the stability of a fixed rate mortgage but do not want to pay the interest associated with a 30 year mortgage? 15 year home loans offer consumers a fixed rate mortgage financing solution with the ability to pay off a mortgage in half the time than it takes with a fully amortizing 30 year loan. While 15 year mortgage rates are typically lower than 30 year mortgage rates, monthly payment are usually considerably higher due to the fact that the loan repayment is so much shorter. But if you can afford the higher payments, you will likely save thousands, if not tens of thousands, of dollars over the life of the loan.

15 Year Mortgage Rates on BurlingtonMortgage.biz

To find current 15 yr interest rates on this site, go to the survey located at the top of the page and choose"15 yr Fixed" from the All Loan Types dropdown box. Please be aware that the 15 year home loan rates listed in the survey are for a certain set of criteria and are not available for all scenarios. To determine if you qualify for the rates and fees posted, be sure to speak with a loan professional at the various companies listed. If you ever feel that a company is being dishonest for any reason, please call 910-547-6910 and let us know. We will forward your concern to MoneyRates who is the company that compiles the data used in the survey. Best of luck find great 15 year mortgage rates for your next purchase or refinance.

Related searches:
15 year VA mortgage rates
15 year FHA loan rates
15 year jumbo mortgage rates

Other Providers Offering 15 Yr Interest Rates and Financing Products:

AFR Mortgage offers fixed rate mortgage programs for most types of residential properties including single family homes, multi family properties, manufactured homes, townhouses, and condominiums. They offer 15 year home loans for conforming loans and jumbo mortgages. To reach an American Financial Resources loan consultant, call toll-free 800-316-9508.

American Bank has competitive 15 year mortgage rates for conventional and a variety of government back, low money down mortgage programs including FHA loans and VA mortgages. To request current interest rates, complete the Rate Quote Form or the Pre-Qual Form on their web site.

Possible Reasons to Consider 15 Year Home Loans

• Fixed principal and interest payment.
• Simplifies the home budgeting process.
• Offers downside protection in rising rate environment.
• Allows the gradual pay down of principal.
• Less interest owed over the life of the loan when compared with a 30 year mortgage.
  

Note: If you are a mortgage lender or broker that offers 15 year mortgage programs and would like to advertise on BurlingtonMortgage.biz, please call 910-547-6910.