Adjustable Rate Mortgages
Lower initial rates with flexibility. Ideal for short-term ownership or those expecting changes.
ARM Benefits
Lower Initial Rate
Start with a rate lower than fixed-rate mortgages.
Lower Initial Payments
Save money during the initial fixed-rate period.
Rate Caps
Limits on how much your rate can increase protect you from extreme changes.
Flexibility
Ideal if you plan to sell or refinance before the rate adjusts.
ARM Options
5/1 ARM
Fixed for 5 years
Fixed for 5 years, then adjusts annually
7/1 ARM
Fixed for 7 years
Fixed for 7 years, then adjusts annually
10/1 ARM
Fixed for 10 years
Fixed for 10 years, then adjusts annually
FAQ
ARM FAQs
Is an ARM right for you?
Compare ARM vs fixed-rate options with a loan expert.