Of all of the fixed rate loan options, the 10 year fixed rate is the shortest term and offers lowest interest rate. With a 10 year fixed rate mortgage you pay a lower interest rate and build equity more quickly than you would for a longer term fixed rate mortgage. The interest rate and monthly payment remains constant and fully pays off the loan in 10 years.

The downside of the 10 year fixed rate mortgage is that the monthly payment is considerably higher that on the longer term fixed rate mortgage programs. This is necessary to allow the loan to be paid off over the shorter term. However, if you can afford the higher payments, the interest savings over the life of the loan are considerable.

We offer a wide range of fixed rate mortgage programs, from ten years all the way up to thirty. Visit our specific fixed rate program pages to see how each can benefit you!

Why talk to one of our Licensed Loan Advisors??

Talking to a Licensed Loan Advisor is an important step to getting the right mortgage loan. Everybody has different loan needs and a mortgage banker knows which questions to ask in order to best match you with the right loan and monthly payment. Since we have a strict No Steering policy, you can be assured that the loan option suggested to you will fit your needs.

Your loan advisor will also explain all the steps–from getting started, to locking in your low rate, to closing your loan fast, in little as 30 days or less!!. Because we are a direct lender, if you have any questions during the loan process, you will have one direct number enabling you to get quick answers straight from the source.

Client Testimonials – What Our Customers are Saying

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I am more than satisfied with services of Shoreline Mortgage .  I worked through this process with Michael Minkoff. Since the first day until the closing date he was very profesional , very dedicated to his work , very knowledgeable mortgage person , always available with all questions, always available with the best answers. He made the process very smooth.  His words always were... no worry , we will make it happens .  We did .!!!. I will use Michael and  this company for my future purchases or refinance and will definitely recommend his services to family and friends . I can't thank him enough. Thank you Michael for everything. You made it posible . Thank you!

Maylene R. Miami, Fl August 23, 2017

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