Fixed-Rate Mortgage Loan

Features of a Fixed-Rate Mortgage

Fixed Rates

Budgeting is easy with the same competitive rate for the life of your loan.


Choice of Terms

We offer fixed-rate loan terms between 10 and 30 years to fit your goals.


Low Down Payment

Buy a home sooner with a down payment starting as low as 3%.


Fixed-Rate Mortgage Details

A fixed-rate mortgage means you get the same competitive annual percentage rate (APR) throughout the life of your home loan. Your rate won't vary with the market, so your monthly mortgage payment will stay the same. Happy family looking at new home

  • Your competitive APR won't be affected by changes in the markets.
  • You don't need to buy down your rate with mortgage points.
  • You can choose a term of 10, 15, 20, or 30 years* depending on
    your budget and goals.
  • Get started with a down payment as low as 3%.
  • Cancel private mortgage insurance (PMI) when you meet equity requirements.
  • You can use your fixed-rate loan to purchase or refinance both primary and secondary residences.


JHFCU fixed-rate mortgages are available in Maryland, Virginia, Washington DC, Delaware, and Pennsylvania.

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"From the very first contact inquiring about the loan, I had complete support and assistance at every step of the way. The process was both fair and very quick, in my opinion, and I was extremely pleased with the entire process."

– Sylvia E.

Enjoy These Benefits With Your Fixed-Rate Mortgage

Competitive APR

Enjoy the home loan rates you deserve and the peace of mind of knowing your payments are set.

Mortgage Calculator

Find out exactly how much home you can afford with our mortgage calculator.

Helpful Service

Our experienced loan officers can guide you through the qualifying process and beyond

Easy Payments

Just transfer funds from your JHFCU Checking or Savings to your mortgage account.

Find Out More About Applying for a Fixed-Rate Mortgage!

Fixed-Rate Mortgage FAQ

  • What rate will I get?
    The APR for your fixed-rate mortgage will be based on a number of factors, including your credit score, loan term, property type, and transaction type.
  • Which loan term is right for me?

    Different terms bring different rewards. At JHFCU, you can choose from 10, 15, 20, and 30-year fixed-rate mortgage terms. The most popular mortgage in the U.S. is a 30-year fixed-rate loan! Shorter terms mean you'll get a lower rate and pay off your loan sooner, but your monthly payment will be higher. Longer terms mean you'll get a slightly higher rate and pay more total interest over the life of the loan, but your monthly payment will be more affordable. You can talk to one of our experienced loan officers to find the right term for you.

  • Will my rate ever change?

    Your rate will change only if you choose to refinance your mortgage. Refinancing is a popular tool you can use to negotiate a lower rate or to change your loan term so you can get a higher or lower monthly payment. You may consider refinancing if market interest rates fall below the rate you got when you took out your loan or your credit score significantly improves so you may qualify for a lower rate.

  • How can I make my loan payments each month?

    There are many options for making a payment to your JHFCU fixed-rate mortgage:

    Online Transfer: Set up a recurring transfer or make a one-time transfer online from your checking, savings, or another transactional account to your mortgage account. Payments are credited and account balances are updated immediately.  

    JHFCU TeleBranch 24: Transfer your payment from a JHFCU account to your mortgage; just use your loan suffix number (EX: XXXXXXXXX-XX.)

    Pay Online from an Outside Bank: Set up JHFCU as a payee using your 9-digit JHFCU Account number - 2-digit loan suffix number (EX: XXXXXXXXX-XX.) 

    Pay by Check at a Branch or via Mail

    Pay by Transfer In-Person

    NOTE: When setting up Online Bill Payment from an outside account, use JHFCU’s main address, 2027 E Monument St, Baltimore, MD 21205
  • Do I need to be a member of Johns Hopkins Federal Credit Union to get a mortgage?

    Yes, you'll need to become a member first. Joining is quick and easy, learn more here!

    Then you'll be set to use your loan funds while enjoying all the benefits of credit union membership, like great rates and friendly, local service.


More Home Financing Options for You

80/10/10 Mortgage

Avoid private mortgage insurance with this custom loan option: 80% is financed as a first mortgage, 10% as a second mortgage, and 10% comes from your down payment.




Learn More

HomeFree Home Loan

If you have significant equity in your home, you could enjoy the benefits of a refi without the closing costs. Potential to lower your rate or change your term.




Learn More

Home Equity Loans and Lines of Credit

Leverage the equity in your home to pay for renovations, weddings, college, debt consolidation, and more.



Learn More

*Rates are determined by an evaluation of the applicant’s credit, loan term and loan-to-value (LTV). Minimum down payment of 3% required. Payments do not include amounts for taxes, insurance premiums or private mortgage insurance (PMI) , if applicable, actual payment obligation will be greater. Property and flood insurance may be required. Other restrictions may apply. 

**Not available for home equity products or the HomeFree loan. Cannot be redeemed for cash or used in conjunction with any other offer. Limited offer. Some restrictions may apply. Subject to change.