Predictability You Can Rely On With a Fixed-Rate Mortgage
Affordable
We offer competitive mortgage rates and closing costs to help make homeownership more accessible.
Predictable
A fixed-rate mortgage helps protect your investment by keeping your interest rate consistent over the life of the loan, even if market rates rise.
Local Service
Your application is handled by our local, in-office lending team, who take the time to understand your goals.
Fixed-Rate Mortgage
Choose peace of mind with a Fixed-Rate Mortgage from Oxford Federal Credit Union. Enjoy long-term stability and plan for the future with confidence, knowing what to expect from your mortgage payment each month.
Features Include:
- Repayment terms from 10–30 years
- Purchase and refinancing options available
- Special programs for first-time homebuyers
- One-on-one application assistance from our friendly lending team
Make unforgettable memories while building long-term financial security with a credit union fixed-rate mortgage from OFCU.
Get a Fixed-Rate Mortgage in 3 Easy Steps!
Step
1 |
Apply for a Fixed-Rate Mortgage
Apply online, call us, or visit a branch to get started. |
Step
2 |
Loan Review
We’ll promptly review your application and reach out with the next steps. |
Step
3 |
Finalize the Loan
Ready to buy? Sign loan documents electronically or visit a branch to lock in your rate. |
★★★★★
“I have been with the Mexico Branch for over 20 years and have NEVER had a bad experience. From the tellers to the loan officers the customer service is outstanding!!!”
- Wanda M., Mexico, ME
Fixed-Rate Mortgage FAQ
What is a fixed-rate mortgage loan?
A fixed-rate mortgage has an interest rate that stays the same for the entire term of the loan. Unlike an adjustable-rate mortgage (ARM), your principal and interest payment remains consistent, even if interest rates rise. This predictability can make long-term financial planning easier.
Can I pay off my loan early?
Yes. None of the loan programs we offer have prepayment penalties. You can pay off your mortgage at any time with no additional charges.
Who should consider a credit union fixed-rate mortgage?
A fixed-rate mortgage is a great option for individuals or families planning to stay in their home long term. It offers predictable payments and long-term stability, helping protect against rising interest rates and inflation while you build equity in your home.
How much can I borrow?
The amount you can borrow depends on several factors, including the purpose of your loan, the type of property, how the property will be used, and the loan program you choose. The best way to determine how much you may qualify for is to complete our online application or speak with a mortgage specialist.
What’s included in the monthly payment?
A typical monthly mortgage payment (often referred to as PITI) includes principal, interest, property taxes, and homeowners' insurance. Private mortgage insurance (PMI) may also apply, depending on your loan.
Have a Question? Give Us a Call
More Ways to Borrow
Home Improvement Loans
Planning smaller updates or quick renovations? Our Home Improvement Loans offer flexibility without using your home as collateral.
Personal Loans
Whether you’re consolidating debt, covering unexpected expenses, or making a major purchase, our personal loans provide convenient access to funds.
Home Equity Line of Credit
A home equity line of credit from OFCU gives you access to funds as you need them—ideal for ongoing projects or unpredictable expenses.