Adjustable Rate Mortgages (ARMs) Let You Start with a Low Rate
Primary Residential Mortgage, Inc.’s adjustable rate mortgages allow you to get into your home with a low monthly home loan payment. This loan program lets you enjoy a fixed rate for the first few years, which then increases every year based on a particular index value.
Who Should Apply for an ARM?
An ARM may be a suitable option if you want to reduce your monthly payments. It’s also great for these situations:
Cash Flow is Your Priority – A lower mortgage payment required by ARM may help you manage your monthly obligations.
You Won’t Live in Your Home for Many Years – If you know that you will be moving due to your career or for other reasons, an ARM may be a good option.
Contact us today for any questions regarding ARMs.
If you're ready to take the next step, work with a team that can provide the personal attention you deserve. Our mortgage company has helped over 200,000 borrowers fulfill their dream of home ownership. We'd love to help you too!