Fixed Rate Mortgages

Doorway offers an extensive suite of loan products to help meet your financial needs. Our competitive Fixed Rate Mortgage products may help you lower your total cost of homeownership.

A Conventional Mortgage is not backed by any government agency. The down payment and income requirements are normally set by Fannie Mae and Freddie Mac. With a Conventional Fixed Rate Mortgage, the monthly mortgage amount paid will stay the same over the lifetime of the loan. 30-year and 15-year fixed loans are available. The shorter your loan term, the higher the monthly payment. A higher credit score and higher down payments allow borrowers to utilize lower rates and lower monthly payments.

  • More variety in down payment and interest rates than government-backed loans
  • The higher the credit score, the lower the interest rate you may receive
  • 15-year and 30-year loan options are available depending on preference
  • The mortgage amount will remain the same every month

Recommended Next Step: 
You may still have many questions about this rate option and other mortgage loans. Please take a few minutes to fill out a loan application with Doorway Home Loans. One of our local Home Finance Specialists will be in touch to understand your goal and take you through your eligible mortgage options. 
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