Adjustable Rate Mortgage
Adjustable rate mortgage qualification requirements
- Refinance up to 95% of your primary home’s value
How an adjustable rate mortgage works
- FHA and VA ARMs are also available for those that want the flexible guidelines and security of an FHA loan
- Interest rates are fixed for a period of five or seven years. After the fixed rate period, your interest rate can adjust up or down depending on market conditions
- Your actual payment will vary based on your situation and the current interest rates when you apply
- Pay your mortgage at any time without pre-payment penalties