Adjustable Rate Mortgages
An adjustable rate mortgage, or an "ARM" as they are commonly called, is a loan type that offers a lower initial interest rate than a fixed-rate mortgage.
The trade off is that the interest rate can change periodically, usually in relation to an index, and the monthly payment will go up or down accordingly. For more detailed information, visit our Mortgage Resource Center.
With an Adjustable-Rate Mortgage you can:
Apply for a mortgage online for quick and easy approval.
