Adjustable-Rate Mortgage (ARM)
Lower initial rates with flexibility for short-term homeowners
What is an Adjustable-Rate Mortgage?
An ARM starts with a fixed interest rate for an initial period, then adjusts periodically based on market conditions. This can offer lower initial payments.
Lower Initial Rate
Start with a lower interest rate and monthly payment than fixed-rate loans.
Short-Term Ownership
Ideal if you plan to sell or refinance before the rate adjusts.
Rate Caps
Protection against excessive rate increases with lifetime and periodic caps.
Understand the Risks
Rates can increase, potentially raising your monthly payment over time.
Common ARM Types
5/1 ARM
Fixed rate for 5 years, then adjusts annually. Popular for buyers planning to move or refinance within 5-7 years.
7/1 ARM
Fixed rate for 7 years, then adjusts annually. Good middle ground between 5/1 and fixed-rate mortgages.
10/1 ARM
Fixed rate for 10 years, then adjusts annually. Offers longer stability with ARM benefits.
Is an ARM Right for You?
Expert ARM Guidance
Our loan officers can help you understand if an adjustable-rate mortgage fits your financial goals and timeline.
30-minute expert consultation
Market analysis & pricing
Property recommendations
Next steps & timeline