{"id":1805,"date":"2021-03-18T18:25:38","date_gmt":"2021-03-18T18:25:38","guid":{"rendered":"https:\/\/baycoastmortgage.com\/?post_type=loans&#038;p=1805"},"modified":"2023-07-18T18:31:08","modified_gmt":"2023-07-18T18:31:08","slug":"fixed-rate-loans","status":"publish","type":"loans","link":"https:\/\/baycoastmortgage.com\/en\/loans\/conventional-jumbo\/fixed-rate-loans\/","title":{"rendered":"Fixed Rate Loans"},"content":{"rendered":"<div class=\"lazyblock-interior-hero-Z2mKPdl wp-block-lazyblock-interior-hero\">\n<div class=\"section hero\">\n\t<div class=\"backing parallaxContainer\">\n\t\t<div class=\"backing\" style=\"background-image: url(https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg\" role=\"img\" aria-label=\"Hero Image\"><\/div>\n\t<\/div>\n\n\t<div class=\"heroContent\">\n\t\t<div class=\"plusPlus blue\" ><\/div>\n\n\t\t<div class=\"heroWrapper\">\n\t\t\t<div class=\"heroBlock bgWhite\">\n\n\t\t\t\t<div class=\"heroBlockHeadline\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"categories flex\" style=\"justify-content: flex-start;\">\n\t\t\t\t\t\t\t<div class=\"h6\">\n\n\t\t\t\t\t\t\t  \t\t\t\t\t\t\t\t    \t<a href=\"https:\/\/baycoastmortgage.com\/loans\">Loans<\/a>\n\t\t\t\t\t\t\t    \n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t\t<h1 class=\"blue\">Fixed Rate Loans<\/h1>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n<div class=\"spacer\"><\/div><\/div>\n\n<div class=\"lazyblock-interior-content-1q9Euk wp-block-lazyblock-interior-content\"><div class=\"spacer\"><\/div>\n\n<div class=\"section\">\n\t<div class=\"paddedWrapper\">\n\t\t<div class=\"wrapper flex gutenberg\" style=\"justify-content: center;\">\n\n\t\t\t\n\t\t\t<div class=\"smallWrapper gutenberg\">\n\n\t\t\t\t<div class=\"h3\">BayCoast Mortgage is a full-service lender providing industry-best solutions, with many of our clients enjoying our fixed-rate loan offerings.<\/div>\n\n\t\t\t  \t<hr style=\"margin-bottom: 5rem;\">\n\n\t\t\t\t<!-- interior content -->\n\t\t\t\t\n\n<p>If you\u2019re interested in a fixed-rate loan, find out more about what they are and their primary benefits below.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"what-are-fixed-rate-loans\">What Are Fixed-Rate Loans?<\/h4>\n\n\n\n<p>Fixed-Rate Loans are traditional loans that conform to and fall under <a href=\"https:\/\/baycoastmortgage.com\/loans\/government-programs\/fannie-mae-loans\/\">Fannie Mae (FNMA)<\/a> and <a href=\"https:\/\/baycoastmortgage.com\/loans\/government-programs\/freddie-mac-loans\/\">Freddie Mac (FHLMC)<\/a> guidelines. A fixed-rate mortgage &nbsp;will charge a homeowner a pre-defined rate of interest over the course of the loan. Since the loan is fixed, the interest rate won\u2019t change throughout the loan\u2019s terms. Keep in mind that the loan\u2019s interest and principal payments will alter from month to month, but the total payment will stay fixed.&nbsp;<\/p>\n\n\n\n<p>You can use BayCoast Mortgage\u2019s fixed-rate loans for a primary residence, secondary home, or investment property with 1-4 units. These loans are also traditionally over a 30-year term.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"how-are-fixed-rate-loans-different-from-adjustable-rate-loans\">How Are Fixed-Rate Loans Different from Adjustable-Rate Loans?<\/h4>\n\n\n\n<p>When you\u2019re looking for a mortgage loan, you\u2019ll often have the choice between <a href=\"https:\/\/baycoastmortgage.com\/loans\/conventional-jumbo\/adjustable-rate-loans\/\">adjustable-rate loans<\/a> and fixed-rate loans. The major difference between these two types of loans is that the interest rate of an adjustable-rate mortgage can change over the life of the loan, while the interest rate of fixed-rate mortgages will not.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"what-are-the-benefits-of-fixed-rate-loans\">What Are the Benefits of Fixed-Rate Loans?<\/h4>\n\n\n\n<p>Fixed-rate loans come with a couple of advantages that make them attractive to many homeowners. Learn more about the two main fixed-rate loan benefits below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Greater predictability:<\/strong> Compared to adjustable-rate loans, fixed-rate loans are much more predictable. Since your interest rate won\u2019t change, you\u2019ll know exactly what you\u2019ll need to pay every month, helping <a>homeowners<\/a> budget appropriately. <\/li>\n\n\n\n<li><strong>More protection from market volatility:<\/strong> When you select an adjustable-rate loan, you take on some risk, as these loans\u2019 interest rates can change due to market conditions. In contrast, interest rates for fixed-rate loans aren\u2019t tied to the market and may protect homeowners against market volatility throughout the entire term of their loan.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"choose-baycoast-mortgage-for-your-next-fixed-rate-loan\">Choose BayCoast Mortgage for Your Next Fixed-Rate Loan<\/h4>\n\n\n\n<p>We are proud to offer fixed-rate loans to our clients, many of whom are new homeowners or those interested in purchasing investment properties. &nbsp;If you\u2019re still deciding if a fixed-rate loan is right for you, you can always <a href=\"https:\/\/baycoastmortgage.com\/loan-officers\/\">contact one of our representatives<\/a> for more information. You might also want to review some of our <a href=\"https:\/\/baycoastmortgage.com\/loans\/\">other loan offerings<\/a>, such as <a href=\"https:\/\/baycoastmortgage.com\/loans\/conventional-jumbo\/jumbo-loans\/\">jumbo loans,<\/a> <a href=\"https:\/\/baycoastmortgage.com\/loans\/conventional-jumbo\/adjustable-rate-loans\/\">adjustable-rate loans<\/a>, and <a href=\"https:\/\/baycoastmortgage.com\/loans\/other-loans\/home-equity-loans\/\">home equity loans.<\/a><\/p>\n\n\n\n<p>Please feel free to <a href=\"https:\/\/baycoastmortgage.com\/about-us\/contact-us\/\">contact us<\/a> with any questions, or visit <a href=\"https:\/\/baycoastmortgage.com\/locations\/\">a location close to you<\/a> to begin the loan process.<\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-6658f3d popmake-3510\" data-block-id=\"6658f3d\"><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button popmake-3510 stk-block stk-9394a44 popmake-3510\" data-block-id=\"9394a44\"><style>.stk-9394a44 .stk-button{padding-top:15px !important;padding-right:20px !important;padding-bottom:15px !important;padding-left:20px !important;background:var(--stk-global-color-93371,#aec046) !important}.stk-9394a44 .stk-button__inner-text{font-size:15px !important;color:var(--stk-global-color-23926,#18428f) !important;font-weight:600 !important;text-transform:uppercase !important}@media screen and (max-width:1023px){.stk-9394a44 .stk-button__inner-text{font-size:15px !important}}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"\"><span class=\"has-text-color stk-button__inner-text\">Apply Now<\/span><\/a><\/div>\n<\/div><\/div>\n\n\n\t\t\t<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<\/div>","protected":false},"featured_media":1918,"template":"","class_list":["post-1805","loans","type-loans","status-publish","has-post-thumbnail","hentry","loan_type-conventional-jumbo"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg",1920,1080,false],"thumbnail":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358-150x150.jpg",150,150,true],"medium":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358-300x169.jpg",300,169,true],"medium_large":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358-768x432.jpg",768,432,true],"large":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358-1536x864.jpg",1536,864,true],"2048x2048":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg",1920,1080,false],"gform-image-choice-sm":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg",300,169,false],"gform-image-choice-md":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg",400,225,false],"gform-image-choice-lg":["https:\/\/baycoastmortgage.com\/wp-content\/uploads\/2021\/04\/iStock-184912401-min-e1617724896358.jpg",600,338,false]},"post_excerpt_stackable_v2":"<p>Loans Fixed Rate Loans BayCoast Mortgage is a full-service lender providing industry-best solutions, with many of our clients enjoying our fixed-rate loan offerings. If you\u2019re interested in a fixed-rate loan, find out more about what they are and their primary benefits below. What Are Fixed-Rate Loans? Fixed-Rate Loans are traditional loans that conform to and fall under Fannie Mae (FNMA) and Freddie Mac (FHLMC) guidelines. A fixed-rate mortgage &nbsp;will charge a homeowner a pre-defined rate of interest over the course of the loan. Since the loan is fixed, the interest rate won\u2019t change throughout the loan\u2019s terms. Keep in mind&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"","url":""},"comments_num_v2":"0 comments","publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/baycoastmortgage.com\/en\/wp-json\/wp\/v2\/loans\/1805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baycoastmortgage.com\/en\/wp-json\/wp\/v2\/loans"}],"about":[{"href":"https:\/\/baycoastmortgage.com\/en\/wp-json\/wp\/v2\/types\/loans"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/baycoastmortgage.com\/en\/wp-json\/wp\/v2\/media\/1918"}],"wp:attachment":[{"href":"https:\/\/baycoastmortgage.com\/en\/wp-json\/wp\/v2\/media?parent=1805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}