★★★★★“The process was easy and she was persistent and did not let us fall through.”— Gioconda, Hudson NC★★★★★“Had answers to every question we had and helped us every step of the way. Would definitely recommend.”— Trey, Marietta GA★★★★★“Our situation was a bit unusual and she was still able to make everything a breeze!”— Bradd, Williamsburg VA★★★★★“Micheal went through every part of the process and explained to us in detail so we were well informed.”— Quincy, Kannapolis NC★★★★★“Very quick and very easy process. Their team is too good. I really recommend them!”— Ketan Patel, Wesley Chapel FL★★★★★“Always available and ready to explain and answer any questions I had. Very professional!”— Sheryl, Griffin GA★★★★★“Step by step took me thru the process and worked day and night to the finished line.”— Miguel, Clementon NJ★★★★★“I felt I was dealing with a friend rather than a loan officer. She managed to get the best possible interest rate.”— Deborah, Honea Path SC★ 485+ Five-Star Reviews on LendingTree ★★★★★★“The process was easy and she was persistent and did not let us fall through.”— Gioconda, Hudson NC★★★★★“Had answers to every question we had and helped us every step of the way. Would definitely recommend.”— Trey, Marietta GA★★★★★“Our situation was a bit unusual and she was still able to make everything a breeze!”— Bradd, Williamsburg VA★★★★★“Micheal went through every part of the process and explained to us in detail so we were well informed.”— Quincy, Kannapolis NC★★★★★“Very quick and very easy process. Their team is too good. I really recommend them!”— Ketan Patel, Wesley Chapel FL★★★★★“Always available and ready to explain and answer any questions I had. Very professional!”— Sheryl, Griffin GA★★★★★“Step by step took me thru the process and worked day and night to the finished line.”— Miguel, Clementon NJ★★★★★“I felt I was dealing with a friend rather than a loan officer. She managed to get the best possible interest rate.”— Deborah, Honea Path SC★ 485+ Five-Star Reviews on LendingTree ★
Purchase

Fixed Rate Loans: Stability You Can Count On

A fixed rate mortgage locks in your interest rate for the entire life of the loan — whether that’s 15, 20, or 30 years. Your principal and interest payment stays the same from your first payment to your last, giving you predictable monthly costs and long-term peace of mind regardless of what happens in the broader market.

At IH Lending, fixed rate loans are our most popular product. We work with wholesale lenders to secure competitive rates and help you choose the right term length based on your budget, goals, and timeline.

How a Fixed Rate Mortgage Works

With a fixed rate loan, your interest rate is determined at the time of closing and never changes. Each monthly payment is split between principal (paying down the loan balance) and interest (the cost of borrowing), with the ratio gradually shifting toward more principal over time — a process called amortization.

Because the rate is locked, you’re protected from rising interest rates for the entire duration of the loan. If rates drop significantly in the future, you always have the option to refinance into a lower rate.

Common Fixed Rate Loan Terms

  • 30-year fixed: The most popular option. Offers the lowest monthly payment spread over three decades, making homeownership more accessible.
  • 20-year fixed: A middle ground between lower payments and faster payoff. You’ll build equity faster and pay less total interest than a 30-year loan.
  • 15-year fixed: Higher monthly payments but significantly less interest paid over the life of the loan. Ideal for borrowers who can afford the higher payment and want to be debt-free sooner.

Who Should Consider a Fixed Rate Loan?

  • Long-term homeowners: If you plan to stay in your home for many years, a fixed rate provides certainty and protection against rate increases.
  • Budget-conscious borrowers: Knowing exactly what your mortgage payment will be each month makes financial planning straightforward.
  • Risk-averse buyers: If you prefer stability over the potential short-term savings of an adjustable rate, a fixed rate loan is the right fit.

Why Choose IH Lending for Your Fixed Rate Loan?

As a wholesale mortgage broker, we shop your loan across multiple lenders to find the most competitive fixed rate available. Our loan officers guide you through every step — from choosing the right term to locking your rate at the optimal time.

Purchase

Refinance