An adjustable rate mortgage loan (ARM) can offer lower rates and payments in the initial years of your mortgage, with the rate and payment then adjusting over the remaining term.
With an adjustable Rate Mortgage, you’ll get the lowest rates we can offer, which will save you money compared to a traditional fixed rate mortgage.
If you plan on selling or refinancing your home in 5 to 10 years, then an adjustable rate mortgage loan may be right for you.