AAXA Discount Mortgage is an industry leader in driving down the cost of home financing. We put our fees and rates in writing at the beginning of the process so that you can rest assured that you are getting a great deal.
AAXA Discount Mortgage is an industry leader in driving down the cost of home financing. We put our fees and rates in writing at the beginning of the process so that you can rest assured that you are getting a great deal.
AAXA Discount Mortgage is an industry leader in driving down the cost of home financing. We put our fees and rates in writing at the beginning of the process so that you can rest assured that you are getting a great deal.
With 15-year fixed-rate mortgages the interest rate stays the same over the life of the loan, meaning steady and unchanging payments month to month. Borrowers pay principal towards the actual loan amount, and interest on that loan, which is tax-deductible. As principal is paid over time, homeowners build equity in their home. With normal payments, the loan is fully amortized (paid off) in 15 years. These mortgages are a popular option, allowing easy budgeting, quickly building equity, and less interest over time. Drawbacks are higher monthly payments.
Largest Cities in Maryland:
Annapolis
Arnold
Aspen Hill
Baltimore
Bel Air North
Bel Air South
Bethesda
Bowie
Carney
Catonsville
Chillum
Clinton
Columbia
Crofton
Dundalk
Eldersburg
Elkridge
Ellicott City
Essex
Frederick
Gaithersburg
Germantown
Glen Burnie
Greater Upper Marlboro
Hagerstown
Milford Mill
Montgomery Village
North Bethesda
North Potomac
Odenton
Olney
Owings Mills
Oxon Hill-Glassmanor
Parkville
Perry Hall
Pikesville
Potomac
Randallstown
Rockville
Saint Charles
Salisbury
Severn
Severna Park
Silver Spring
South Gate
Suitland-Silver Hill
Towson
Waldorf
Wheaton-Glenmont
Woodlawn
Disclaimer
Fixed Rate Mortgage/Adjustable Rate Mortgage Conforming
Rates and fees are quoted on a $200,000 loan for a purchase transaction
of an owner occupied, single-family residence with an 80% loan-to-value ratio.
Rates are subject to change without notice.
Fixed Rate Mortgage/Adjustable Rate Mortgage Jumbo
Rates and fees are quoted on a $450,000 loan for a purchase transaction
of an owner occupied, single-family residence with an 80% loan-to-value ratio.
Rates are subject to change without notice.
“Are you searching for a loan amount of more than $417,000?
Please be aware that recent legislation allows lenders to offer conforming loan rates at a higher loan amount limit based on the county the property is located. For details about the new conforming loan limits, click here.