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Loan Options

30-Year Fixed Mortgages in Greater Chicago & Nashville

Get a custom 30-year fixed rate quote from local experts. Call us if you’re unsure of what loan program is best for you.

  • Most popular mortgage program
  • Enjoy a low interest rate and fixed monthly payments
  • Quick approval and closing complete within 30 days
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What is the 30-year fixed mortgage limit in Chicagoland & Greater Nashville?

Effective January 2022, the limit on a conforming conventional loan for a one-unit property is $647,200.

Davidson County, Tennessee has a higher conforming loan limit of $694,600.

Is a 30-year fixed loan right for me?

Typically, this is the best option if you plan to stay in your home for seven years or more, prefer a low fixed rate payment, and don’t mind taking a fairly long time to pay off your loan balance.

When is a 30-year fixed not the right choice?

If you plan on selling in less than seven years, an ARM may be the right choice for you as the payment and rate will be lower for the first five to seven years. Or, if you want to pay the loan balance at a quicker pace, consider a 15 or 20-year fixed. Keep in mind those payments will be higher since you’re paying your loan off quicker.