Bring your dreams home with a fixed-rate mortgage from San Francisco Federal Credit Union.

Fixed-rate mortgages give you the stability of fixed monthly payments for the life of the loan because the interest rate never changes. That makes fixed-rate loans an excellent option if you’re planning to stay in your home for years to come and want security against rising interest rates.

San Francisco Federal Credit Union offers both Conforming and Jumbo fixed-rate loans. Jumbo loans are perfect if you need a loan amount over the standard conforming loan limit, currently $726,200.

Benefits of a Fixed-Rate Mortgage Loan

Fixed-rate mortgage loans are one of the most popular mortgage loans for a good reason. They give you predictability and consistency that make it easy to budget.

Benefits of a fixed-rate mortgage loan include:

  • Consistent monthly payments: You know exactly how much your payments are each month. There are no surprises or fluctuations because the interest rate is the same for the life of the loan. 
  • Control over total interest: Fixed-rate mortgage loans allow you to choose the total interest you’ll pay for the life of the loan. Select a 15-year mortgage, and you’ll pay less in total interest. Select a 30-year mortgage, and you’ll pay more in interest, but your monthly payments will be lower. The choice is yours.
  • Security against rising rates: Mortgage rates rise and fall with overall economic conditions. A fixed-rate mortgage loan protects you from the likelihood that rates will go up sometime in the future. 
  • Choice of a Conforming, Super-Conforming, or Jumbo loan: Fixed-rate mortgage loans are available in Conforming loan amounts up to $726,200, Super-conforming amounts between $726,200 and $1,089,300 and Jumbo loan amounts above $1,089,300.

Mortgage Rates

See our great rates for our whole line of mortgage products.

Mortgage Loan FAQs

Which factors can help me get the lowest interest rate on my mortgage?

Our mortgage officers consider your debt-to-income ratio, credit history, down payment, home price, and type of loan. Generally, applicants who have higher credit scores, lower overall debt, and a secure income can access lower rates.

How much of a home loan can I afford?

When you’re buying a home, mortgage lenders look at your income, assets, and down payment. They also consider your liabilities and obligations, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. These variables come together to determine the total loan amount. 

Using this mortgage loan calculator will give you an idea of how much of a mortgage you may be able to obtain. However, we welcome you to speak with one of our mortgage professionals who can help you consider all the variables to determine the right loan and loan amount for you.

How is the interest rate on a mortgage determined?

Mortgage loan index rates vary from day to day based on the Prime Rate (determined by the U.S. Federal Reserve). From there, we determine what rate you qualify for by checking such things as your credit score, payment history, and employment history. The better your finances, the lower the rate you are offered.

What is the difference between a fixed rate mortgage and an adjustable rate mortgage?

A fixed rate mortgage has an interest rate and monthly payment that never changes. An adjustable rate mortgage (ARM) has an interest rate that changes based on the Prime Rate, which we mentioned above. The variable interest rate associated with an ARM means the monthly payments for that type of loan change with the changing interest rate. 

For information about mortgage loan variables, please contact us to speak to one of our knowledgeable mortgage team members at 800-852-7598, extension 2977.

Mortgage Loan Resources

At San Francisco Federal Credit Union, we’re here to help you achieve your financial goals. Please see our helpful tools and resources or speak to one of our team members who are ready to support you.

  • Financial Education And Counseling
  • Monthly Payments / Amortizations
  • Mortgage Calculator

Get the Mortgage to Fit Your Needs With San Francisco Federal Credit Union 

With the right mortgage, you’ll be one step closer to reaching your financial goals. Let San Francisco Federal Credit Union help you find the perfect mortgage today.

*ANNUAL PERCENTAGE RATES. For all loans, actual annual percentage rate is determined at the time a credit decision is rendered and may be higher than the lowest rate available. Credit history, loan terms, mileage, age of collateral and amount borrowed are all factors that determine rate. Not all borrowers will qualify for the lowest rate. There are NEVER any prepayment penalties for repaying your loan early. All loans are subject to credit approval. Federally insured by NCUA. Equal Housing Lender. NMLS #416906

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