BMS Corp. is Open for business and very passionate in helping South Floridians achieve better Fixed Rate Loan in Hawaii. A fixed-rate mortgage (FRM), is a fully amortizing mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or “float”. Fixed-rate mortgage loan payment amounts never change for the duration of the loan and the person responsible for paying back the loan benefit can count on a consistent, single payment and the ability to plan a budget based on this fixed cost.