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Adjustable-Rate Mortgage Loan Programs

Planning to stay in your mortgage for a short time? Consider these programs.

Adjustable-Rate Mortgage (ARM) loan products offer a cost-effective solution for prospective homebuyers with short-term mortgage goals. The first number in your ARM program refers to the fixed rate period at the start of the mortgage. The second number in the ARM program references the intervals your rate will be reset following the introductory fixed rate period.

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JUMBO ARM Loan Program

Program features:

Available in 7/6-month ARM program*
No private mortgage insurance (PMI)
Loan amounts from $726,200 to $1,500,000
Maximum loan-to-value (LTV) of 85% for primary residences; maximum LTV of 75% for second homes
For purchase or refinance (rate/term)
Available for primary residences and second homes

*7/6-month ARM program features fixed rate for the first 7 years with the rate subject to change every 6 months following the expiration of the fixed rate program. Following the expiration of the fixed rate period, rate is subject to change every 6 months.

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This is not a commitment to lend. All loans subject to program guidelines including credit and property approval. If refinancing an existing loan, the total finance charges may be higher over the life of the loan.

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Your local lending partner, our team strives to exceed your expectations before, during and after the mortgage process.

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Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.

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