Adjustable Rate Mortgages
The Lowdown on Adjustable Rate Mortgages...
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An Adjustable Rate Mortgage (ARM) can be a smart choice if you’re looking for lower initial payments, shorter-term ownership, or expect your income to grow in the future.
With an ARM, the interest rate starts lower than a traditional fixed-rate mortgage for an initial period—often 5, 7, or 10 years—then adjusts periodically based on market conditions.
Homeowners often choose an ARM to:
- Lower their initial monthly payments
- Buy more home for the same budget
- Plan to sell or refinance before the adjustment period begins
- Take advantage of lower starting interest rates
Our Adjustable Rates Are Low & Our Process is Quick & Painless
An ARM is a type of home loan where the interest rate changes over time. It begins with a fixed-rate period (e.g., 5/6, 7/6, or 10/6 ARM), meaning your rate and payment stay stable for the first several years. After that, the rate adjusts periodically—typically every six months—based on a benchmark index plus a set margin.
Because the initial rate is typically lower than a comparable fixed mortgage, an ARM can help borrowers save money during the early years of homeownership or while planning a short-term move or refinance.
At Your Company name, we help you understand exactly how an ARM fits into your financial goals—so you can choose confidently between adjustable and fixed-rate options.