Adjustable-Rate Mortgage (ARM)
Find Flexibility & Financial Gains
Benefit from lower initial interest rates with an ARM, which adjusts periodically based on market conditions. This option can result in initial savings, making it suitable for borrowers planning to sell or refinance before rate adjustments occur. ARMs typically start with a fixed rate for a defined period before transitioning to annual adjustments, offering potential interest savings during the initial phase.
Benefits of Adjustable-Rate Mortgages (ARM)
- Lower initial interest rates
- Potential initial savings
- Suitable for short-term ownership or refinancing before adjustments
ARMs can also offer greater flexibility for borrowers who expect changes in their financial situation or housing needs. With the possibility of lower payments in the early years, ARMs can be a strategic choice for those looking to maximize their short-term cash flow. Our team can help you understand the nuances of ARMs and determine if this mortgage option agrees with your financial plans.
Select the Perfect Loan for You!
Other Loan Programs
USDA Loans
Made just for rural property buyers, USDA loans provide zero down payment options and competitive
FHA Loans
Designed for first time home buyers or those with less-than-perfect credit, FHA loans feature low
HARP
Benefit from refinancing options under HARP, designed for homeowners with limited or negative home equity.
