Adjustable Rates

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Adjustable Rate Mortgages

Adjustable Rate Mortgages (ARM) are a great option for many borrowers. If you are looking for a low monthly payment and a low introductory interest rate, an ARM might be the right choice for you. For the right borrower, an adjustable rate mortgage offers a number of benefits over a fixed rate mortgage and a low monthly payment is just one of them

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How Do I Know if an Adjustable Rate Mortgage is Right For Me?

  • Do you plan to move or refinance in the next 5 to 10 years?
  • Would you like the lowest interest rate possible?
  • Do you want a low monthly mortgage payment?

If you answered "Yes" to any of these questions, an ARM loan might be right for you! With an adjustable rate mortgage you'll get one of the lowest interest rates while also saving thousands of dollars over a traditional fixed-rate mortgage during the initial fixed-rate period. Afterwards, the interest rate may adjust once per year.

At RANLife we offer several ARM programs designed to help you achieve your financial goals both now and in the future. Call us or fill out an online application

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