Skip to content

Enjoy the peace of mind that comes from knowing your mortgage interest rate will never change over the life of the loan. This stability is why fixed-rate mortgages are the most popular type of home loan.

What is a fixed-rate mortgage?

With a conventional fixed mortgage, your principal and interest payments will not change from month to month. The interest rate you get when you apply for your mortgage is locked in for the life of the loan, until you pay it off or refinance. You can choose from a variety of loan terms such as 30, 20, or 15 years.

When to consider a conventional mortgage with a fixed-rate

This type of home loan is best when:

  • You want to take advantage of low interest rates
  • You plan to stay in your house for at least 7 years
  • You have a fixed income
  • You want the security of knowing your monthly payment will fit within your budget

Apply for a fixed-rate mortgage from West Shore Bank!

West Shore Bank's mortgage lenders are based in your Northern Michigan and West Michigan communities along the lakeshore. All decision-making and loan processing is done locally. With attentive, friendly service from start to finish, West Shore Bank can help you find the mortgage loan solution that is right for you. Apply for a fixed-rate conventional mortgage online or visit one of our nine locations in Ludington, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.