Skip to content

What is a Fixed-Rate Loan?

Great rates, low costs

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

Predictable & Budget Friendly

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


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!



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