Adjustable Rate Mortgages
Affordable Adjustable Rate Mortgages
Many people decide on an adjustable rate mortgage because the initial interest rate and monthly payment may be lower that that of a fixed rate loan.
You basically trade-in the assurance of the fixed rate for a lower initial payment.
People have found that even though the payment will change, this type of loan offers a lower average monthly payment. There are choices as to the frequency of the adjustment.
The Lowdown on Adjustable Rate Mortgages...
Do I Qualify?
Most homeowners get into adjustable-rate mortgages for the lower initial payment, and then usually refinance the loan when the initial fixed period ends.
Our Adjustable Rates Are Low & Our Process is Quick & Painless
An ARM is an Adjustable Rate Mortgage. Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the interest rate on an ARM will change periodically. The initial interest rate of an ARM is lower than that of a fixed rate mortgage, consequently, an ARM maybe a good option to consider if you plan to own your home for only a few years; you expect an increase in future earnings; or, the prevailing interest rate for a fixed mortgage is too high.
We’re here to make it a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Adjustable Rate Mortgage Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.
- Terms from 5 to 30 Years
- Complete our simle Adjustable Rate Mortgage Qualifier
- Receive option based on your unique criteria and scenario
- Choose the offer that best fits your needs
