Give us a call or visit us today to find out what options are available to you! The ARMs are available in 3/1, 5/5, 5/1 (standard and high balance), 7/1 and 10/1 versions. Low Cost Smart Rate $0 acquisition cost, 4.04%, 4.03%.
The interest rate can be adjusted annually after 5 years depending on the market. They want a lower initial monthly payment and have nothing against a variable interest rate.