Why choose an Adjustable-Rate Mortgage?
10/1 Adjustable-Rate Mortgage rates as low as 5.750%/ 6.960%* APR1 for the first 10 years, and no more than 9.750% / 10.960% APR1 for the remainder of the loan term
As the name implies, an Adjustable-Rate Mortgage (ARM) offers a lower fixed rate for a set time, and then adjusts after that. For home buyers who plan to move or refinance before the initial fixed rate is up, that can mean a big savings on interest.
ARM loans may be tempting, but it’s important to evaluate the risk, especially if you plan to stay in your home long term. Let us help you compare your options. You can reach us a number of ways: call (863) 688-8443 or toll free (855) 915-4663, find a local mortgage specialist, or start your application online.
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