Adjustable Rate Mortgages

With an Adjustable Rate Mortgage (ARM), your initial interest rate is fixed for 5, 7, 10, or 15 years. After that time your rate could increase or decrease. ARMs usually offer a lower beginning rate compared to a traditional fixed rate mortgage.

Consider an adjustable rate mortgage if:

  • You plan to be in your home less than 15 years
  • You think rates will remain steady or decline during the initial term of the loan
  • You desire a lower monthly payment and are comfortable with a variable rate

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To speak to a Mortgage Specialist, call 877.696.3876 or email us today.