Mortgage Interest rates by C2iLoan

Southland Home Finance

Is The Premier Broker!

30 Year Fixed

Use a fixed low interest rate and lower payments over 30 years.

Key Benefits


Advantages of a 30-Year Fixed

  • Your monthly payments will be less for a 30-year fixed than a 15-year fixed mortgage, even though interest rates for a 15-year fixed are generally a little lower. That’s because your payments will be spread out over a longer period.

  • Your interest rate is fixed for the life of the loan, so you don’t have worry about rising rates.

  • Buy your primary home with as little as 3% down.

  • Refinance your primary home for up to 97% of its value.

How It Works

How a 30-Year Fixed Mortgage Works

  • You’ll pay off the mortgage in 30 years. Although you’ll pay more interest over the life of the loan compared to a 15-year fixed, your monthly payments will be lower.

  • You can pay down your mortgage at any time without prepayment penalties.

  • Your payment will go toward paying the principal (the amount you borrow) and interest (a fee you agree to pay when borrowing the money). It’ll also be used to pay your taxes and insurance.

  • With a fixed interest rate, your principal and interest payments won’t change over the life of the loan. The amount for your taxes and insurance can go up and down.

  • You might have to pay for mortgage insurance. This depends on your down payment if you’re buying a home, or how much equity you have if you’re refinancing.

2019 Loan Limits

Conventional Loan Limits:

  • $484,350 standard

  • $726,525 expanded (High Balance) - available through Southland Home Finance in All California Counties!

Use our 30 Year Fixed Rate Qualifier Below!