Fixed-Rate Home Loans

Trust in predictability.

Purchase your home with Excite Credit Union and earn $750 towards your home purchase.*

Fixed-rate mortgages are consistent and predictable home financing options that arm you with peace of mind in every payment. By accessing and locking in a fixed-rate, your next home could be secured with low-cost payments over a 15, 20, or even 30-year payment period.

Excite Credit Union’s affordable fixed-rate home loans come with low Annual Percentage rates (APRs) and incredible membership benefits, with features such as:

  • Personalized, local member services
  • Month-to-month fixed interest rates
  • Protection against rising interest costs
  • Affordable monthly payments that never fluctuate

Fixed-Rate Mortgage Calculator

Fixed-Rate Mortgage FAQ

A: Fixed-rate home loans from Excite Credit Union are offered in 15, 20, or 30-year terms. Before choosing the term that’s right for you, remember that longer terms equate to lower interest rates, while shorter terms often come with higher interest rates.

A: Use our helpful mortgage calculator above to determine potential monthly payments with your desired term length. For additional mortgage information or to speak with a loan officer, please contact us.

A: Adjustable-rate mortgages (ARMs) can lower your payments, however fixed-rate home loans provide stability and security in monthly payments. If you are looking for consistency in your monthly mortgage payment, consider choosing a fixed-rate mortgage over an adjustable-rate mortgage (ARM).

A: Determining the best type of home loan rate for you depends on a variety of personal factors. While fixed rate home loans provide set monthly payments, adjustable rate mortgages offer lower initial costs. For homeowners interested in stable monthly payments, fixed rate mortgages are the best option.

A: The amount of down payment you need for your fixed rate home loan will depend on certain qualifiers. Most experts suggest a payment of at least 20% the total cost of the home. For additional advice on your unique circumstances, please reach out to Excite CU.

A: Ensure that you have proof of income, W2 tax forms, an employment history, bank statements, and credit verification in order to apply for a fixed rate mortgage. Additional documents may be required on request. Complete your application online or over the phone at your earliest convenience.

A: Credit scores are only one small portion of the fixed-rate home loan application process. Subprime credit scores may not necessarily prevent you from getting a mortgage. Contact Excite CU to discuss your situation at any time.

A: When you apply for a mortgage with Excite Credit Union, you will automatically earn a $500 closing cost credit. Our $250 Fast Track Rewards will be paid if your mortgage application is completed with all documents and signatures within five days of applying. The credit will be applied at the time of closing.

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