I spoke with three other lending companies regarding a cash out refinance on my home. First Direct Lending had the most knowledge and friendliest people of all. Every step of the process was communicated to me. Every question I had was explained in detail and believe me, I had a lot of questions. This was a very painless process and was very quick. I recommend First Direct Lending to all my friends.
Fixed rate mortgages are extremely popular because of their reliable payments, which makes household budgeting easier. With a 15-Year fixed rate mortgage, your payment and low rate will stay the same throughout the life of your loan, and you’ll be able to pay off your mortgage faster than other mortgage loan products. There are very few accomplishments more rewarding in life than making your final mortgage payment, obtaining a 15-Year fixed rate mortgage will help get you there faster. But is it the right loan for you?
- Most importantly, can you afford the payment?
- Do you want to pay less interest over the course of your loan?
- Do you want the predictability of a consistent rate and payment?
- Do you want to pay off your mortgage faster?
If you answered YES to these questions, a 15-year Fixed Rate Mortgage may be right for you.