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What is an Adjustable Rate Mortgage?

An Adjustable rate mortgage (ARM) is fixed for a number of years, and then adjusts after that.

Why Refinance into an Adjustable Rate Mortgage?

If you plan on refinancing or moving within the next 3, 5, 7 or 10 years, an ARM would be ideal. You would be out of the mortgage before your rate had a chance to adjust.

How does an Adjustable Rate Mortgage work?

You have a fixed rate for the introductory period of 3, 5, 7 or 10 years, after the fixed-rate period of time expires, your rate can change one time a year.

Is an Adjustable Rate Mortgage Better?

The advantage in moving forward with an adjustable rate mortgage is that you have a much lower interest rate for a significant period of time.

The Hybrid ARM loans of today are quite different than ones of the past. They allow borrowers to save money on their mortgage with very little to no risk at all.

Roy Koldaro, Vice President of Lending

San Diego, CA
Roy Koldaro, Vice President of Lending

Get My Rates on an ARM Mortgage

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