A fixed-rate mortgage option is ideal for homeowners looking for an easy way to budget long term. It offers a fixed interest rate for the term of the loan, keeping both rates and payments steady. 

15 Year
Fixed Rate Mortgage

20 Year
Fixed Rate Mortgage


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30 Year
Fixed Rate Mortgage


Fixed Rate Loan Features


No Interest Rate Changes

Interest rate can be locked in during the loan process and last the loan is paid off.

Predictable Payments

Since interest rates don’t fluctuate your loan payments will remain the same for the life of the loan.


Refinancing Available

One of the most popular options for those with an existing loan that want a better rate or a shorter term.

Low Down Payment

Conventional loans require a minimum of a 3% to 5% down payment.

Fixed Low Rates

A fixed-rate mortgage option ensures that your rate is locked in for the life of the loan. Achieve your home ownership goals with 1st Advantage Federal Credit Union’s low rates.

Effective Date: 8/18/22
Loan Type Rate APR
15-Year Fixed
as low as 5.625% 5.809%*
20-Year Fixed as low as 5.875% 6.023%**
30-Year Fixed as low as 5.999% 6.111%***


Loan Amount

Financing available for conforming loans up to $548,250. Jumbo loan amounts are available above $548,250.

Down Payment

At least 3% to 5% down is required at closing.

Credit Score

We require a credit score of at least 640 to qualify.


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Other Mortgage Loan Options

Adjustable Rate Mortgages

Rates are typically set below the market rate, yet could climb and fall over time.

Learn More

FHA Mortgages

FHA loans are a go-to mortgage program for first-time homebuyers who want a low down payment.

Learn More

VA Mortgages

A great home loan option to help veterans, reservists, active duty and retired military personnel afford a home.

Learn More

*APR: Annual Percentage Rate. The interest rate is current as of 9/27/22. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $200,000 loan amount, a 15-year term, and a 5.809% APR, you would make monthly payments of $1647.46. Payments are estimates only and only include principal and interest. Minimum/Maximum: The minimum refinance loan amount is $50,000. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.

**APR: Annual Percentage Rate. The interest rate is current as of 9/27/22. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $200,000 loan amount, a 20-year term, and a 6.023% APR, you would make monthly payments of $1418.48. Payments are estimates only and only include principal and interest. Minimum/Maximum: The minimum refinance loan amount is $50,000. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.

 ***APR: Annual Percentage Rate. The interest rate is current as of 9/27/22. Rates and terms based on credit criteria. Credit restrictions apply. The interest rate charged and the annual percentage rate are constant for the life of the loan. Assuming a $200,000 loan amount, a 30-year term, and a 6.111% APR, you would make monthly payments of $1198.97. Payments are estimates only and only include principal and interest. Minimum/Maximum: The minimum refinance loan amount is $50,000. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value. Private Mortgage Insurance (PMI) may not be required for purchases of up to 95% LTV.