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Sonoma County Mortgages

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30 Year Fixed Rate Mortgages

The 30 year fixed-rate mortgage is a benchmark mortgage program sought by homeowners and home buyers. It is the original mortgage loan program and is still the most popular choice for many seeking mortgage financing today. The 30 year fixed rate mortgage provides safety and comfort over time as the mortgage payment will not change over the next 360 months. During the initial phase of the mortgage, the majority of the mortgage payment goes to interest while the remaining goes to principle. As mortgage payments are made over time, the universe happens and more of the payment goes to to principle and less to interest and remains that way until the loan is paid off in full at the end of 360 months. We offer 30 year fixed-rate mortgages on primary residences, second homes and investment properties.

30 Year Fixed Rate Mortgage Benefits:

  • Is peace of mind knowing that your mortgage payment is totally fixed indefinitely appealing?
  • Do you plan to keep the loan or your home for it in definite period of time?

If yes to either question, a 30 year fixed-rate mortgage might be the best loan program for you. 30 year fixed-rate mortgage rates are extremely affordable. Read the post why the 30 year fixed-rate mortgage is still the most popular loan.

30 Year Fixed Rate Mortgage Highlights:

  • Purchase a home with as little as 3.5% down
  • Refinance under HARP without any loan to value restriction
  • Lowest fixed-rate mortgage payment program available
  • Loan amounts from $50,000-$2 million

How 30 Year Fixed Rate Mortgages Work:

  • Monthly mortgage payment is based on principal and interest and amortized over the life of the loan
  • Mortgage payment remains the exact same for the 360 month term
  • No prepayment penalty
  • Feel free to make an extra mortgage payment or pay off the loan in full at any time

If You are thinking about purchasing or refinancing a single-family residence, condominium, pud property or even a 2 to 4 unit property, consider the 30 year fixed rate mortgage. You can make the 30 year fixed-rate mortgage payment for improved cash flow over time or choose to make a payment based on a shorter loan term to pay off the mortgage balance faster. Either way you decide. You have the flexibility and the comfort of knowing that your payment will not change.

Get a no obligation 30 year fixed rate mortgage quote today. See if the 30 year fixed rate mortgage makes the most sense for you. Compare a 30 year fixed-rate mortgage to other available programs in the market. 30 year fixed-rate mortgages aren’t affordable choice to home loan financing.

 

 

 

 

 

 

 

 

 

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Location & Contact

Sonoma County Mortgages and New American Funding are an Equal Opportunity Housing Lender

Scott Sheldon, Senior Loan Officer
NMLS ID# 287389
2455 Bennett Valley Road C107
Santa Rosa, CA 95405
1-707-217-4000
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Corporate Office 14511 Myford Road, Suite 100, Tustin, CA 92780. We at New American Funding take great pride in our customer service and make it our number one priority. We encourage you to contact us for complaint resolution or any post-closing questions you may have regarding the servicing of your loan. We strive to have your experience with New American Funding a stellar one. In the rare case that our service did not meet your expectations, please call our customer care hotline at 1-800- 450-2010, ext. 7100 or you may contact us by email customerservice@nafinc.com. Please leave a detailed message and we will follow up with you no later than the end of the next business day. If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 800-450-2010 Ext. 7100 for assistance.

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