FIXED LOANS
The 30-year and 15-year fixed are the most popular loans
Clients who plan to stay in their home for a long period of time will find a Fixed Rate Mortgage is an excellent way to lock in a low interest rate for the life of the loan. Profico Inc. specializes in fixed rate mortgages with 30, 25, 20, 15, and 10-year terms.
Benefits of Fixed Loans
- 5% minimum down payment required on purchase
- Minimum credit score – usually 620
- Post- bankruptcy: can qualify after 4 years
- Post-foreclosure: can qualify after 7 years
- Post-short-sale: Can Qualify after 2 years (LTV restrictions may apply)
Get a No-Obligation Rate and Closing Cost Analysis!
Choose Your Option.
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PURCHASE A HOME
REFINANCE MORTGAGE
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