A variable or flexible rate mortgage with an interest rate that adjusts periodically according to the financial index it is based upon plus a margin. To limit the borrower¹s risk, the ARM may have a payment or rate cap.
Previous PostAnnual Percentage Rate (APR)
Next PostAdjustment Interval
Ready to get started?
Apply now or request a quote today!
¿Listo para empezar?¡Aplica ahora o solicita un presupuesto hoy!
MortgageTree Lending is a DBA of American Pacific Mortgage Corporation. All information contained herein is for informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.” Licensed by the Dept. of Business Oversight under the CRMLA; DRE 01215943. *Please visit our Disclosures page for more details for all loan types.