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Apply for a 15-Year Fixed Mortgage

Unlock savings with a fixed, lower interest rate! Our 15-year mortgage is designed to help you save on interest and pay off your home loan faster.

Take the first step toward owning your dream home today.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

What Are the Requirements of a 15-Year Fixed Mortgage?

Pre-qualify for a 15-year mortgage with DSLD Mortgage by meeting these requirements.

620 Credit
Score

We require a qualifying FICO® Score of at least 620.

0% to 20% Down Payment

A 15-year mortgage requires a minimum 0%–20% down payment.

3% to 6% Closing
Costs

You’ll need to prepare 3%-6%  of the purchase price for your closing costs.

50% Debt-to-Income (DTI) Ratio

Your debt-to-income ratio should not exceed 50% for most loan programs.

620 Credit
Score

We require a qualifying FICO® Score of at least 620.

0% to 20% Down Payment

A 15-year mortgage requires a minimum 0%–20% down payment.

3% to 6% Closing
Costs

You’ll need to prepare 3%-6%  of the purchase price for your closing costs.

50% Debt-to-Income (DTI) Ratio

Your debt-to-income ratio should not exceed 50% for most loan programs.

15-Year Mortgage Rates

Discover how much you can save on interest with a 15-year fixed mortgage. Visit our rates page for the latest updates and find the perfect mortgage option.

What Are the Benefits of a 15-year Mortgage?

When you apply for a 15-year mortgage at DSLD Mortgage, our team can explain each advantage of this home loan option. 

  • Lower Fixed Interest Rate: Save on interest over the life of your loan.
  • Faster Payoff: Achieve financial freedom sooner.
  • No Prepayment Penalties: Pay off your mortgage anytime without extra fees.
  • Stable Rates: Lock your interest rate for the life of the loan.
  • Low Down Payment: Buy a home with as little as 0% to 20% down.

Our 15-year Mortgage Options

Choose from a range of 15-year fixed home loans at DSLD Mortgage.

15-Year Fixed Conventional Loan

Conventional Loans have fewer requirements and faster approvals, with down payments as low as 3%.

15-Year Fixed FHA Loan

A 15-year fixed FHA Loan provides a path to homeownership for those with lower credit scores.

15-Year Fixed USDA Loan

A 15-year fixed USDA Loan is perfect for those looking to buy a home in specific rural and suburban areas.

15-Year Fixed VA Loan

15-year fixed VA Loans are exclusive to veterans and their spouses, offering a fast path to homeownership.

15-Year Fixed Conventional Loan

Conventional Loans have fewer requirements and faster approvals, with down payments as low as 3%.

15-Year Fixed FHA Loan

A 15-year fixed FHA Loan provides a path to homeownership for those with lower credit scores.

15-Year Fixed USDA Loan

A 15-year fixed USDA Loan is perfect for those looking to buy a home in specific rural and suburban areas.

15-Year Fixed VA Loan

15-year fixed VA Loans are exclusive to veterans and their spouses, offering a fast path to homeownership.

Take the Next Step to Your DSLD Mortgage

As a trusted home mortgage lender, we go to great lengths to make financing as simple, convenient, and easy to understand as possible. Here’s what to expect as we move forward with your home financing journey.

01

Request A Free
Loan Consultation

Connect with one of our Loan Officers to discuss your homebuying goals. We will typically pre-qualify you for a mortgage within 24 hours.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

01

Request A Free
Loan Consultation

Connect with one of our Loan Officers to discuss your homebuying goals. We will typically pre-qualify you for a mortgage within 24 hours.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

02

Download the
App

Complete your mortgage application and upload the necessary documents via our secure app. Download the DSLD app now.

02

Download the
App

Complete your mortgage application and upload the necessary documents via our secure app. Download the DSLD app now.

03

Submit Your
Application

We’ll review your application and let you know if you qualify for a mortgage. Once you’ve sent us your paperwork, we can normally do this within a week.

03

Submit Your
Application

We’ll review your application and let you know if you qualify for a mortgage. Once you’ve sent us your paperwork, we can normally do this within a week.

04

Close on Your
New Home

We’ll be there through closing to ensure the process is straightforward and stress-free.

04

Close on Your
New Home

We’ll be there through closing to ensure the process is straightforward and stress-free.

FAQs about 15-year Mortgages

A 15-year fixed mortgage is a home loan with a set interest rate that remains constant throughout the 15-year repayment period. It allows you to pay off your mortgage faster than traditional longer-term loans.

The rate of a 15-year fixed mortgage varies based on market conditions and individual financial profiles. Check our current mortgage rates page for the most current information.

The choice between a 15-year and 30-year mortgage depends on your financial goals. A 15-year mortgage has higher monthly payments but saves on interest. On the other hand, a 30-year mortgage offers lower payments but costs more in interest over time.

A 15-year mortgage is generally cheaper in terms of total interest paid over the loan’s life. However, monthly payments will be higher compared to a 30-year mortgage. You can estimate your monthly payments for a 15-year fixed loan using our mortgage calculator.

Secure Today’s Mortgage Rates

Homeownership begins with securing the best mortgage rate. At DSLD Mortgage, we’ll guide you every step of the way, offering personalized financing options tailored to your unique needs and goals.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

family of 4 relaxing on a couch

Begin Your Journey to Home ownership

Your journey to homeownership can start right here. We’ll walk with you every step of the way to your next home, customizing financing options for your needs.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

Request a Free Loan Consultation

Check if you qualify for a mortgage by requesting a callback from one of our Loan Officers.

Name(Required)
This field is for validation purposes and should be left unchanged.

family of 4 relaxing on a couch