Fixed-Rate Mortgage
"Finding the perfect house? That took forever. Finding the right home loan? That choice was easier, we turned to Clearview."
New member? Apply here
Apply through online banking
We’re here to help you find your home sweet home.
The Pittsburgh area is famous for all its great neighborhoods. You can live in the high-energy heart of the city, family-friendly suburbs, or keep-life-simple small towns. But once you pick out a home in one of those places in Pennsylvania, you'll need to decide how to pay for it. At Clearview, we offer affordable fixed-rate mortgage options and plenty of friendly lending experts who can help you choose one that fits your financial needs. Get pre-approved for a home loan before you start house-hunting so you can focus on places in your financial range.- Competitive interest rates and low closing costs
- Choice of home loan lengths: 15, 20, or 30 year mortgage options
- Monthly payments won't change over the life of the loan
- Good choice if you're planning to live in your home a long time or don't like financial surprises
- Available for home purchases or to refinance existing loans
- Potential tax deductions* for mortgage interest payments
What's included?
- Plenty of loan options
- Competitive interest rates
- Friendly guidance every step of the way
Things to keep in mind when considering a fixed-rate mortgage.
How does a fixed-rate mortgage work?
A mortgage is a loan specifically for the use of purchasing or refinancing property, such as a house, condo, or other type of real estate. When you take out a mortgage, you agree to pay the lender (like a credit union, bank, etc.) back the amount you borrowed, plus interest. Interest is the “fee” a financial institution charges for lending and can be determined by your credit score, loan terms, down payment, etc. With a fixed mortgage rate, the interest stays the same for the life of the loan, so you can expect to pay the same amount each month.How much can I get approved for?
While your credit score is a key factor in how much you can afford to borrow, your debt-to-income (DTI) ratio and loan-to-value (LTV) ratio also play a role. Lenders determine if you’re able repay the debt you’re taking on by looking at your DTI ratio. DTI ratio is calculated by dividing all of your monthly debt payments by your gross monthly income. Typically, the lower your debt-to-income ratio, the more likely you’ll qualify for a fixed-rate mortgage. The LTV ratio compares the appraised property value to the mortgage loan amount. Your down payment can help lower this amount.How much home can I afford?
Once you’ve been approved for a fixed-rate loan, whether that be a 15, 20 or 30 year mortgage, you’ll need to consider if you can actually afford a home within that price range. Keep in mind regular expenses like property taxes, homeowners insurance, utilities, plus regular maintenance, upgrades, furniture, etc. Try our mortgage payment calculator to get an idea of what your monthly payment may look like.What are the advantages of credit union mortgages?
Credit unions don’t have shareholders and are non-profit. This isn’t the case with all financial institutions. As such, we can generally offer loans at lower interest rates with more attractive payment terms. We also take pride in the relationships we have with our members. Our vision is to help people to enjoy a better life, and it’s our goal to do in every interaction with our members.Have a Clearview Lending Rep contact me
Looking to speak with someone about mortgages? Complete the below form and we'll be in touch!
Still have questions about Fixed-Rate Mortgages?
To obtain a payoff quote, please email [email protected]. Be sure to include loan number, name, address, and a good through date for the payoff.
There is no penalty for early payoff.
You can make a one-time lump-sum payment toward the principal balance of your loan in order to re-amortize your mortgage with the new (lower) balance. Contact Midwest Loan Services at 1-800-262-6574 (please have your loan number ready, Midwest will advise of the minimum principal reduction amount). There is a $250.00 fee.
Yes, please contact Midwest Loan Services at 1-800-262-6574.
Manufactured homes on leased land, manufactured homes not on a permanent foundation, single wide manufactured homes, land loans, excessive acreage, working farms.
No, Clearview does not finance consumer construction loans.
Following the appropriate waiting period, a mortgage will be recorded against the property naming Clearview as the lender. This process can take some time depending on the county, but the process usually happens within 90 days.
You can conveniently access your mortgage information online. Get started by clicking on the “Register” tab on the Midwest Mortgage website. You'll need your loan number and Social Security Number to access any information. Once you're registered, you can transfer funds from digital banking to your make your mortgage payment.
Clearview will never send you letters that don't include our logo and are for a specific business purpose, such as a statement. Because the mortgage filing is a public record, third party sources may pay for certain data and solicit you for services they provide. If you have any questions about the legitimacy of the document, feel free to reach out to us at 1-800-926-0003. Normally, though, these letters are an attempt to have you respond to some offer of service that the company sells. If they don't specifically say they're from Clearview, they likely aren't. One key way of knowing that they are not from Clearview is that these letters commonly refer to Clearview as the lender rather than containing our logo.
Yes, Real Estate Lending will assist with 1-2 family properties and Business Lending will assist with greater than 1-2 family properties.
