Adjustable Rate Mortgage

Adjustable Rate Mortgage offers a low rate that is fixed for the first three, five or seven years. You enjoy both the low ARM rates and the security of knowing your monthly payments for the first few years.

Benefits

• Get the low rates you thought you had missed
• Plan for your future with fixed payments for the first three, five or seven years depending on the product
• Enjoy greater purchasing power with lower monthly payments

Details
• Our ARM products offer fixed rate periods of three, five or seven years before converting to an adjustable rate mortgage for the remainder of the term
• After the initial fixed rate period, the rate adjusts once a year based on the current rate index
• Loan to value (LTV) ratios up to 95%
• No Pre-Payment Penalty

Interest Only Options Available.*