We guarantee the lowest rates anywhere. A lower monthly payment allows you to qualify for a larger loan.
Shorter terms mean higher payments.
It also means you build equity faster, pay less interest long term and payoff the loan sooner. You may not need to have fixed rates for 30 years if you plan to sell in 4. Interest rate and monthly payment do not change. Interest rate and monthly payment are higher that other loan programs. If you sell or refinance within 7 years you are paying a higher interest rate for security that you won't use.