NMLS #2498240

Conventional Fixed Rate Mortgage

Reveal the rock-solid core of mortgage reliability
A great product for home buyers or investors looking for stability in their monthly payments.
  • Flexibility for Established Borrowers
  • Low Down Payments
  • Versatile Rate Options
  • Multiple Loan Terms


Interest rates are set during the lifespan of the loan. The monthly payments can stay the same for each month. The benefits of conventional fixed-rate mortgages are: If interest rates increase, the owner’s mortgage rate will not change during the mortgage’s lifespan. If the mortgage rates are lower than the loan rate, owners have the possibility to refinance, usually without a penalty, which the homebuyer can take advantage of the lower rates. Usually, there is no penalty for paying the mortgage earlier. 


  • Minimum of 620 credit score.
  • Proof of income (Bank statements and pay stubs), assets, and tax returns 
  • Maximum of 45% Debt-to-Income ratio (DTI)
  • Required down payment: 5%
  • Eligible Property Types: 1 to 4-unit primary residence (including condos), Planned Unit Development (PUDs) and manufactured homes, second homes, and 1 to 4-unit investment properties. 

Loan Disclaimer

Not all applicants will qualify. Please meet with one of our licensed loan officers for more information. Rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Home loan programs are only available in Texas.

Loans are subject to borrower qualifications including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to program guidelines and Sociable Mortgage’s lending policies and are subject to change without notice.

Let us guide you.

Free consultation.

Our Signature Process

Let our expert team handle the complex mortgage process as you envision your dream home. We provide an efficient and enjoyable experience, allowing you to create a lasting home for yourself and your loved ones. Let’s work together to bring your dream to life.