Key loan details
With adjustable rate mortgages (ARMs), borrowers can take advantage of a relatively low interest rate for the initial, fixed-rate period of the loan. After that, the loan’s interest rate and monthly payment may change periodically for the life of the loan.
- Pay less in interest during the fixed-rate period
- Choose from a range of loan terms
Who should consider an adjustable rate mortgage?
For those who want to take advantage of low interest rates, and who expect to sell or refinance their homes before the initial fixed-rate period of the loan ends, adjustable rate rate loans can offer low monthly payments and thousands in potential interest savings.
|5/6, 7/6, 10/6, 15/6 ARMs||Call 1-888-882-3837 for rates|
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