Adjustable-Rate Mortgages
Enjoy the flexibility of changing interest rates, ensuring you always have the best deal possible. An adjustable-rate mortgage is an option if you plan to stay in your home for only a few years.
5/5 ARM
Provides an initial 5-year fixed interest-rate period, after which the interest rate adjusts every 5 years.
10/6 ARM
Provides an initial 10-year fixed interest-rate period, after which the interest rate adjusts every 6 months.
What would your initial adjustable mortgage payment be?
Unlike fixed-rate mortgages, the payments on an adjustable-rate mortgage will vary as interest rates change. Use our Adjustable Rate Mortgage (ARM) calculator to see how interest rate assumptions will impact your monthly payments and the total interest paid over the life of the loan.
Consumer Handbook on ARMs
This handbook gives you an overview of adjustable-rate mortgages (ARMs), explains how ARMs work, and discusses some of the issues you might face as a borrower.
Download the Handbook
Our mortgage experts are here for you.
Have questions or need help along the way? We are here to serve you! Call 888.413.0672 to talk with one of our mortgage lending experts.