5 1 Arm Loan | Adjustable Rate Mortgage
The 5 1 Arm loan also known as the adjustable rate mortgage is a home loan option for people looking to have a lower interest rate and payments for a 5 year time frame. The rate and payment will stay the same for the first 5 years of the 5 1 Arm loan. This loan is also know as the hybrid loan. In the video above Eric with Low VA Rates talks more about the 5 1 arm loan and gives examples of 5 1 arm rates and pros and cons. If you are considering a 5 1 adjustable rate mortgage and have additional questions call us today. We would he happy to answer any questions that you might have about the 5 1 arm mortgage. Call us now at (866) 569-8272
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