The conversation between human and AI assistant.
Which home loan is best?
Yes, please. How do I qualify for a fixed-rate loan and what are the terms and conditions?
To qualify for a fixed-rate loan, you will need to have a good credit score and a stable source of income. The terms and conditions of the loan will vary depending on the lender and the specific loan you choose. Generally, you can expect to make fixed monthly payments over the life of the loan, which may be 15 or 30 years. You will also need to pay interest on the loan, but the rate will remain the same for the entire duration of the loan. Would you like help finding a lender for a fixed-rate loan?