Special Offers From Mr. Cooper

Sorry, there are no offers available at this time. Check back soon!

San Tan Valley, AZ Fixed Home Loan Rates

Compare current mortgage interest rates and talk with Mr. Cooper in San Tan Valley, AZ to see if a fixed-rate mortgage is right for you.

Busy? Have us call you back. Call Me Back

More Information

Are All Fixed-Rate Loans in San Tan Valley, AZ the Same?

When searching online for San Tan Valley home loans, you'll see words and phrases you may not have heard before. The phrase "fixed-rate" might fall into that category. As a company that's driven to keep the dream of homeownership alive, Mr. Cooper is here to help simplify the steps, paperwork, and terminology that's related to buying a home!

What exactly is a fixed-rate loan? It's a mortgage with an interest rate that stays the same. An interest rate is what the lender charges for loaning you money. It is expressed as a percentage. Interest rates on home loans can vary by the day, so a fixed-rate loan helps you lock-in the security of a consistent rate. How long does the rate stay the same? Fixed-rate loans typically come with a 30-year length (term). Shorter time periods are an option and usually come with bigger monthly payments but lower overall interest paid over the course of the loan's life. How do fixed-rate loans compare to other home loan options in San Tan Valley?

Adjustable-Rate Loans vs. Fixed-Rate Loans in San Tan Valley, AZ

Before committing to a loan, compare all of your options, including adjustable-rate loans. Adjustable-rate mortgages (ARM) are different from fixed-rate mortgages as the interest rate on an adjustable-rate mortgage can fluctuate based on national indexes. An adjustable-rate loan will come with a fixed rate for a specific period (like 3, 5, or 10 years), then the rate is revised at specific intervals. If your interest rate increases after the fixed-rate timeframe has ended, your monthly payments might increase too. Give a Mr. Cooper mortgage professional a call to learn about the confidence a fixed-rate mortgage can offer. We'll help you balance the pros and cons of fixed-rate and adjustable-rate mortgages, and help you see the key factors in picking the one that is right for you, like how long you plan on living in the house, how large of a mortgage payment you qualify for, and if you could still pay for an ARM if interest rates went up, and where interest rates are headed.

Call for Today's Fixed-Rate Home Loan Rates in San Tan Valley, AZ

Still have questions about adjustable or fixed-rate loans? Call a Mr. Cooper professional to check today's fixed-rate mortgage rates in Arizona. Friendly people are ready to answer any questions you might have about the loan and homeownership process.

Mr. Cooper Reviews from Real Customers in San Tan Valley, AZ

Read real stories from real Mr. Cooper home mortgage customers in San Tan Valley, AZ. Then contact us to see what we can do for you.

We're here to support you on the path to home ownership.

With Mr. Cooper, you can get pre-approved for a mortgage and get into a new home sooner.