Adjustable Rate Mortgage

This is the right mortgage for you at a time when fixed interest rates are high or you expect to keep your home for a shorter time. We offer a variety of Adjustable Rate Mortgage ("ARM") Loans with different initial terms such as our 3/1, which is fixed for three years and then converts to a one year adjustable after the 36th month. Interest rate increases will not be more than 2% annually and 6% over the life the loan. Other Adjustable Rate Mortgages we offer are the 1/1, 5/1, 7/1 and 10/1 Plans.