PROGRAM OVERVIEW

Adjustable-rate mortgages (ARMs) offer an initial interest rate that is typically lower than a fixed-rate mortgage for a defined introductory period, after which the rate adjusts periodically based on market conditions.

ARM loans can provide flexibility for borrowers who plan to sell, refinance, or adjust their housing situation within a certain timeframe.

COMMON FEATURES

• Initial fixed-rate period followed by periodic rate adjustments

• Interest rate changes based on a defined index and margin

• Rate caps that limit how much the rate can change

• Available for eligible primary residences and other property types

WHO THIS MAY BE SUITABLE FOR

• Borrowers seeking lower initial monthly payments

• Homebuyers planning a shorter-term ownership horizon

• Borrowers comfortable with potential rate adjustments in the future

We help borrowers fully understand how ARM structures work so they can make informed decisions.