Stable payments and peace of mind
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
