Adjustable Rate Mortgage

An ARM, or Adjustable Rate Mortgage is perfect for anyone looking to lower your interest rate, and monthly payments. Your interest rate is fixed for the first three, five or seven years. Afterwords, your interest rate adjustment is capped at 2% a year, and will never exceed 6% above the initial rate.

If you are bogged down with high-interest credit card debts, this option might be right for you. You can use the lower monthy payment to help you pay down your debts, and save your credit rating. You have the option to pay the interest only, to lower your payments even more.

Most people move every seven to nine years, so a 30-year mortgage might not be the best solution for you. You can work with our mortgage bankers to find the option best for you.