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15-Year Fixed-Rate Home Loan

Mortgage Building blocks

Borrowers who can afford higher monthly payments can spend less on interest with a 15-year fixed-rate home loan 1. Plus, these loans typically have a lower rate than a 30-year home loan and a shorter repayment term, which adds up to significant savings over the life of the loan.

Features and benefits:

  • Competitive rates that are typically lower than longer-term loans
  • Own your home in half of the time
  • Build up home equity faster
  • Save more over the life of the loan
  • Steady monthly principal and interest payment
  • No prepayment penalty or fee
  • Convenient online application process

Start today and apply for a 15-year fixed-rate home loan from New York Community Bank, a division of Flagstar Bank, N.A.

Programs for qualified borrowers. All borrowers subject to credit approval, underwriting approval and lender terms and conditions. Programs subject to change without notice. Some restrictions may apply. Not a commitment to lend. A loan advisor will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.