Adjustable Rate Home Purchase Loans
An Adjustable Rate Mortgage (ARM) features loans with extraordinary initial value. With an ARM loan, you will start with
an initial rate, fixed for a specified period of time. After the specific date expires, the rate may change annually.
Interest rate caps and lifetime caps determine the maximum allowable increase over the life of the loan.
One of the advantages of an adjustable rate mortgage for a home purchase loan is the affordable payment and financing. With the necessary credit, you may qualify for a lower introductory interest rate and more financial freedom for your San Diego home loan. If you have any questions or needs, please fill out our inquiry box and we will have a mortgage professional contact you promptly.