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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 then that of a fixed-rate mortgage, consequently, an ARM maybe a good option to consider if you plan to own your home for a small amount of years, expect an increase of income in the near future, or if the prevailing interest rate for a fixed mortgage is too high.
Let us help you create an easier home loan experience with the skills and tools we have to offer. Start by checking out our free pre-qualification application so you can know what you're working with and stay ahead of the game.
Not sure if this is the right loan for you? Don't worry, we'll help show you the differences between each loan program so you get exactly what you need regardless of whether you're a first-time homebuyer or not.
4 Easy Steps to Securing Your Home Loan
- Complete our quick and easy pre-qualification application
- Receive suggestions based on your unique criteria
- Compare mortgage interest rates and terms
- Choose the best offer for your needs
Why Adjustable ARM Loans
Most homeowners get into adjustable-rate mortgages for the lower initial payment, and then usually refinance the loan when the fixed period ends. At that time, the interest rate becomes variable, or adjustable, and the homeowner may refinance into another adjustable-rate mortgage, a fixed-rate mortgage, or sell the home.
- Fixed Rates
- Adjustable Rates (ARM)
- Conforming Loans
- Jumbo & Super Jumbo Loans
- FHA, VA, & USDA Loans
- Terms from 5 to 30 Years