The Greater on Adjustable Rate Mortgage...
Our Adjustable Rates Are Great & 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 greater then 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 to high.
Were 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.
Well help you clearly see differences between loan programs, allowing you to choose the right one for you whether youre a first-time home buyer or a seasoned investor.
The Adjustable Rate Mortgage Loan Process
Heres how our home loan process works:
- Complete our simple Adjustable Rate Mortgage Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs
Why Choose an ARM?
An Adjustable-Rate Mortgage (ARM) can be a smart financing option for homebuyers who want to take advantage of a potentially lower initial interest rate and monthly payment compared with a traditional fixed-rate mortgage.
With an ARM, your interest rate is fixed for an initial period—such as 5, 7, or 10 years. After that fixed period ends, the interest rate can adjust periodically based on the terms of the loan and current market conditions.
An ARM may be worth considering if you:
- Plan to sell or move before the initial fixed-rate period ends
- Expect to refinance in the future if rates become more favorable
- Want to reduce your initial monthly mortgage payment
- Expect your income or financial situation to change over time
- Want to compare the potential savings of an ARM with a 30-year fixed mortgage
Before choosing an ARM, it’s important to understand when the rate can adjust, how much it can change, and the loan’s adjustment caps.
- Adjustable Rate Mortgage (ARM)
- Conforming Loans
- Jumbo & Super Jumbo Loans
- FHA, VA, & USDA Loans
- Terms from 5 to 30 Years