Fixed Rate Mortgage

Getting Started

There are 2 simple things you can do to get more comfortable with the numbers that go into home ownership: Know what you can afford to spend on a home and find the most manageable way to finance it. Let us help with that.

Why apply for pre-approval before you start shopping?*

  • You’ll know exactly how much you can afford
  • You’ll know exactly what your interest rate will be
  • You’ll be in a good position to make an offer when you find the right home
  • There’s no obligation or cost to you

*Some conditions apply.

Get started by speaking to a Mortgage Specialist

Not only can a Mobile Mortgage Specialist offer valuable insight and advice, they’ll help you feel right at home with how your numbers add up, and what they mean now, and in your future.

Apply Now

Great Rates and Peace-of-Mind

Our Fixed Rate Mortgage offers you the security of locking in your interest rate for the term of your mortgage.

Whether you’re buying your first home, moving to a new home, or renewing an existing mortgage, choosing a fixed rate mortgage means you won’t have to worry about future interest rate fluctuations during your mortgage term.

Get Locked-in Security with a Fixed Rate Mortgage

A fixed rate mortgage offers a specific interest rate that is fixed or “locked-in” for the term of the mortgage. That means you’ll know exactly what to expect, including:

  • The interest rate of your mortgage
  • The amount of your regular mortgage payments
  • The portion of your payment that goes toward principal and interest
  • The amortization of your mortgage (how long it will take to pay it off)

Enjoy a Rate Guarantee

If you are arranging a new mortgage, your fixed interest rate can be guaranteed up to 120 days before the closing date of your home depending on the lender. If interest rates go up during that time, you’ll still receive the lower rate.

And when it’s time to renew, RS Thompson will have a Lender guarantee your mortgage interest rate for 30 days prior to your renewal date.