Fixed-Rate Mortgage
A fixed-rate mortgage is one of the most popular loan types. You can lock in a competitive interest rate that stays the same for the life of the loan. Even if rates in the market increase, yours won't unless you decide to refinance to a different rate. With a fixed-rate mortgage, there's also the benefit of lower monthly payments that can be spread out over many years, which could help borrowers qualify for larger loan amounts.
Because your rate doesn't change, your principal and interest payment will also stay the same for all the years on your mortgage. But keep in mind, there could be slight adjustments to the total monthly payment you make if your property taxes and homeowners insurance change during your loan term.
Benefits of a Fixed-Rate Mortgage:
- Predictable mortgage payments for easier budgeting
- Same rate for the loan term, regardless of market activity
- Longer loan term for relatively lower monthly payments
Your interest rate stays fixed for the life of the loan.
Your interest rate changes according to a preset schedule.
Popular with first-time buyers, this loan has a minimum 3.5% down payment and low interest rates.
Loan for eligible veterans and active-duty service members, with no down payment in most cases.
Shopping for a higher-priced property? Lock in a competitive rate and stable monthly payments on your ultimate dream home.
USDA Loans offer no-money-down mortgages for rural and suburban buyers.
- 48% of our LOs hit Scotsman in 2025
- SUPPORT RATIOS: 250+ LOs & 1200 support staff
- 5.7 team members for every 1 Loan Officer
- 1 processor for every 2 Loan Officers
- 1 underwriter for every 2.8 Loan Officers
- 1 closer for every 6 Loan Officers
- In-house servicing
- 100+ JV & preferred lender relationships nationwide
- $362M in capital
- $2.5B in assets
Learn More About Our Markets
Don’t see your city? That just means we’re looking for you.
Positively Life Changing
Cornerstone Home Lending has assisted families with more than 500,000 home-financing transactions since our inception in 1988. For over 35 years, we have strategically positioned ourselves for steady, sustainable growth without losing sight of our mission: To make a positive difference in the lives of others.
In October 2022, Cornerstone acquired and merged with The Roscoe State Bank, the oldest bank in Nolan County, Texas with roots dating back to 1906, to create Cornerstone Capital Bank. The institutional banking division offers deposit and lending services to community banks across the country. Through our continued expansion, our mortgage team can now originate loans in 45 states and Washington, D.C. Cornerstone can also provide full-service, in-house loan servicing operations.
Adding banking and loan servicing platforms to our growing residential lending services empowers our loan officers to make a lasting impact in their clients’ and partners’ lives long after closing.