A FLEXIBLE OPTION FOR HOMEBUYERS
A 5/1 Adjustable Rate Mortgage (ARM) is a great choice for homebuyers who want lower payments at the start. With a fixed interest rate for the first five years, this type of mortgage offers affordable monthly payments compared to traditional fixed-rate loans. After the first five years, the interest rate changes annually based on the market, which could help you save money if rates decline. A 5/1 ARM works well for buyers who plan to sell or refinance before the rate adjusts.
In today’s changing market, a 5/1 ARM offers more flexibility than a fixed-rate mortgage. The lower starting rate can help save money, especially when interest rates are rising or uncertain. After the first five years, the rate adjusts each year based on the market. This allows homeowners to take advantage of lower rates if the market is favorable. Whether you plan to stay in your home long-term or sell before the adjustment, a 5/1 ARM gives you the flexibility you need.
5/1 ARM Special
-
Rates as low as 5.99% | 6.648% APR*
-
Down payments as low as 10%
-
Interest Rate fixed for 5 years - then variable after that.
Program Benefits
-
Great low rate!
-
Lower initial payments compared to fixed-rate mortgages.
-
Flexible terms with adjustments after a set period.
-
Potential savings if interest rates decrease or remain low.
-
Ideal for short-term homeowners planning to sell or refinance.
-
Easier approval due to lower starting payments.


