Adjustable-Rate Mortgages

Whether you're wanting the flexibility of a shorter mortgage term with an affordable monthly payment or consider yourself a frequent mover, an adjustable-rate mortgage could be right for you.

View Rates  Speak with a Mortgage Specialist

Features:

An adjustable-rate mortgage stays fixed for a set period of time but can adjust after that to reflect current mortgage rates. The 3, 5, and 7 below indicate the initial fixed-rate term of 3, 5, or 7 years. The 6 indicates that the rate and payment may adjust every 6 months after.

  • 3/6 Conventional and Jumbo Adjustable-Rate Mortgage
  • 5/6 Conventional and Jumbo Adjustable-Rate Mortgage
  • 7/6 Conventional and Jumbo Adjustable-Rate Mortgage

Talk with a friendly Mortgage Specialist today to see if an ARM is right for your financial situation.

View Rates  Speak with a Mortgage Specialist

Adjustable-rate mortgage icon

Is an Adjustable-Rate Mortgage Right for You? Let's Do the Math

Jeff Potter, Director of Mortgages, calculates a savings example to see if an Adjustable-Rate Mortgage could be right for you. Watch to see how much you could save!

 

When you're ready to apply, here's what to consider:

You'll need documentation for all borrowers, including:

  • Social Security number
  • Contact and employment information
  • Best estimates of income, assets, and liabilities

Once you've applied, we'll contact you to:

  • Guide you through the loan process
  • Complete your loan application package
  • Help you select the best program and interest rate
Couple using Arbor online app.

Ready to buy a home?

Before you start looking at homes you need to know what you can afford. And, with the home buying market being extremely competitive today, most realtors won't even show a home to a buyer unless the buyer has received a pre-approval from a lender.

If you're thinking of buying a home, your first step is to get pre-approved. This will allow you to know what your options are and how much you are approved to borrow.

Get pre-approved

Then comes the fun part, looking for your perfect home! With a pre-approval you'll know what amount you can borrow and search for homes in that price range.

Call us today at 269.544.3105 and find out what our team can do for you!

Speak with a Mortgage Specialist