The Lowdown on Adjustable Rate MortgagesPosted by MichealH Alexander on October 22nd, 2019 Our Adjustable Rates Are Low & Our Process is Quick & Painless An ARM is an Adjustable Rate Mortgage. Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the interest rate on an ARM will change periodically. The intial interest rate of an ARM is lower then that of a fixed rate mortgage, consequently, an ARM maybe a good option to consider if you plan to own your home for only a few years; you expect an increase in future earnings; or, the prevailing interest rate for a fixed mortgage is to high. FixNFlip We’re here to make it a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE Adjustable Rate Mortgage Qualifier. We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor. Retail Mortgage Lending The Adjustable Rate Mortgage Loan Process Here’s how our home loan process works: Complete our simple Adjustable Rate Mortgage Qualifier Receive options based on your unique criteria and scenario Compare mortgage interest rates and terms Like it? Share it! More by this author |