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TRADITIONAL ADJUSTABLE RATE MORTGAGES
A Traditional ARM is offers lowered interest rates and an annual adjustment at the conclusion of the 'locked' period.

Lower interest rates of Traditional ARM loans last for either 3, 4 or 5 years. However, with these types of loans, you can expect your rates to increase and decrease later. Lifetime and periodic caps will establish how much your rates will change.



Is a Traditional ARM right for me?
  -- If you like to keep extra money available for investing and/or other needs, but do not want monthly adjustable (similar to an Option adjustable rate loan).
  -- If you plan on moving before your Traditional term expires.
  -- If you would like a fully amortizing loan.

Please contact us if you need help determining if a Traditional ARM is right for you.


 


 

 

 

 

        

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