family of 5 on the front porch with a dog and many boxes


Move into your forever home at a great rate.
Buying a home is a substantial investment and financing options can seem endless. Among the most popular is a fixed-rate mortgage, and traditionally, borrowers seek 15- and 30-year fixed-rate mortgages. Fixed-rate mortgages provide an easy way to balance payments over time while building equity in your new home.

What is a Fixed-Rate Mortgage?

A fixed-rate mortgage allows you to borrow money to purchase a home and then pay it back over a set number of years. Community West offers loan terms from 10-30 years, providing a repayment period that's right for you. The versatility of a fixed-rate mortgage allows you to choose a shorter term to quickly build home equity or a longer term to reduce your payment amount.

A fixed-rate mortgage also ensures consistent monthly payments. Your interest rate won't change over time, although you may choose to refinance your loan to secure a better rate in the future. These loans make budgeting simple because you'll know exactly how much you'll need to pay each month. This also makes fixed-rate loans a great choice for buyers who plan to stay in their home for several years or for anyone seeking a home that their family can grow into over the coming years.