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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?

Compare Loan Options Speak with a Loan Officer

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