Special Offers From Mr. Cooper

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

Shop Fixed-Rate Mortgages in Santa Rosa, CA

Compare current mortgage interest rates and talk with Mr. Cooper in Santa Rosa, CA 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 Santa Rosa, CA the Same?

When reading up on mortgages in Santa Rosa, you'll come across some terms you you may never have learned about. The phrase "fixed-rate" might fall into that category. As a company that's dedicated to keeping the dream of homeownership alive, Mr. Cooper is here to help simplify the steps, paperwork, and terminology that's related to buying a home!

So, what is a fixed-rate home loan? It's a mortgage with an interest rate that never changes. Interest rates, expressed as percentages, are what the lender charges for giving you money. 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. Fixed-rate home loans usually have a 30-year term length. Shorter timeframes are possible and usually come with higher monthly payments but less overall interest paid over the life of the loan. How similar is a fixed-rate loan to other Santa Rosa home loan options, like an adjustable-rate loan?

Comparing Adjustable-Rate and Fixed-Rate Loans in Santa Rosa, CA

Before committing to a loan, compare all of your options, including adjustable-rate loans. Unlike a fixed-rate loan, the interest rate on an adjustable-rate mortgage (ARM) may change based on national indexes. An adjustable-rate mortgage will maintain the same rate for typically 3, 5, or 10 years, then the rate is revised at specific intervals. If the interest rate goes up after your fixed-rate period has ended, your monthly payments could go up too. Talk to a Mr. Cooper mortgage professional about the protections a fixed-rate loan can offer. We'll help you see how different factors can guide you in selecting between an adjustable-rate and fixed-rate mortgage, 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 Santa Rosa, CA

There's so much more to learn about fixed-rate and adjustable-rate loans! Call a Mr. Cooper professional to check today's fixed-rate mortgage rates in California. Friendly folks are here to guide you through the loan and homeownership process.

Mr. Cooper Reviews for Santa Rosa, CA

Read real stories from real Mr. Cooper home mortgage customers in Santa Rosa, CA. Then contact us to see what we can do for you.

Overall Rating

out of 5 stars ( customer reviews)

We're changing the face of home loans.

Work with Mr. Cooper to get pre-qualified and get into the home of your dreams.