Fixed-Rate Mortgage

A home loan that stays predictable with an interest rate that doesn’t budge, so you won’t have to either.

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Get comfortable (and stay comfortable) with our fixed-rate mortgage

No down payment? No problem.

Speak to a mortgage loan officer about your options.

Planning on staying a while?

Kick back and expect fewer surprises while monthly payments of principal and interest on your home loan stay put, too.

Pay back at your own pace

With flexible repayment options, you can pay off your mortgage at a pace that suits you.

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Four steps to find your way home.

  1. The search begins! Set your sights on the perfect home that your loan from Georgia’s Own will cover.
  2. You want to embark on the search for your dream home prepared. Secure your possibilities by going through our pre-qualification process.
  3. Get your foot in the door and make an offer. Pre-qualification will help you move quickly so you can lock in a deal.
  4. Close on the home of your dreams and start to settle in. With our help, the journey from the idea of a home to sitting on your living room couch will not only have been positive—it’ll be easy.


We use a simple formula to determine your maximum mortgage payment. It adds up to this: your monthly income multiplied by 0.45, minus your liabilities. The resulting number is the highest mortgage payment you may be approved for. From there, you can adjust your search to find the perfect home within your reach.

Figuring out how much home you can afford is a key step in the home-buying process. Start by weighing how much money you have coming in, including your monthly income and any other streams of income (pensions, rental income, investments, etc.), versus how much you have going out to cover costs like student loans, credit card balances, and car payments. Other factors come into play, like how much money you are putting down on the home, property taxes, homeowner’s insurance, and HOA fees that may be associated with the home.

Below is a glossary of terms to help you understand how your home affordability if determined.

  • Debt ratio – This is determined by dividing your monthly debts versus your monthly income. Depending on the mortgage product, your debt ratio can usually not exceed 45-50%.
  • Loan-to-value – The amount of mortgage you are financing versus the appraised value of the home. The higher your down payment, the lower your loan-to-value.
  • PMI – Private mortgage insurance (PMI) is a type of mortgage insurance you are required to buy if you take out a conventional loan with a down payment of less than 20% of the purchase price.

You can get started with a pre-qualification process before you begin your search. You’ll know exactly what to expect, the type of monthly payment you’ll have, and the funds you’ll need to close. We know the last thing you need is to find the perfect home and fall in love, only to learn it’s not in your budget.

There are criteria every borrower must meet to qualify for a mortgage loan with us. This typically includes two years of employment at your job or in the same line of work, a minimum credit score of 620, and verified funds to close on the transaction. Once these boxes are checked, our experts can help you figure out the rest. Loans are subject to credit review.

Ideally, new home construction is completed within about 12 months with a general licensed contractor. If the building process exceeds 12 months, contact your Mortgage Specialist who will advise on next steps.

Your credit score is a vital part of determining your mortgage rate and loan amount. A higher credit score could result in a lower rate and lower monthly payment, while a lower credit score could result in a higher rate and higher monthly payment.

Explore more mortgage products


Adjustable-Rate Mortgage (ARM)

With an adjustable-rate mortgage, you can lock in a low starting rate and choose the option that fits your needs and budget.


FHA and VA Loans

FHA and VA loans are government-backed mortgage loans that make it easier for veterans, servicemembers, and first-time homeowners to buy a house.


Mortgage Loan Refinance

Lower your interest rates or monthly payments, change your loan type, or free up cash with a mortgage loan refinance.


Learning Center

Go beyond banking with resources and news to learn how to make informed financial decisions.


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