Adjustable Rate Mortgage

With an adjustable rate mortgage (ARM) your payments will vary time. Adjustable rate mortgages typically have an initial fixed rate lower than a fixed rate mortgage. The initial fixed rate period is then followed by adjustment intervals. For example a 5-1 ARM is fixed with a low rate for the initial 5 year fixed term and then adjusts to the market rates basis on an index each year thereafter.

Lower Rates can help you obtain the best possible adjustable rate mortgage (ARM) for your new home purchase or refinance. LowerRates.com works exclusively with top nationwide direct mortgage lenders. Please complete our online mortgage quote form to obtain a rate quote and pre-approval for your purchase or refinance.