An adjustable rate mortgage is known as an ARM. The interest rate on an adjustable rate mortgage (ARM) will fluctuate over time, in contrast to fixed-rate mortgages, which have an interest rate that stays constant for the term of the loan. Since an ARM’s starting interest rate is lower than a fixed-rate mortgage’s, you might want to give one a shot if you want to buy a house in a few years, expect your income to rise in the future, or think the current fixed-rate mortgage interest rate is too expensive. With resources and knowledge to support you every step of the journey, like our adjustable-rate mortgage qualifier, we’re here to make it simpler for you.

Whether you’re buying a house for the first time or not, we’ll make it easy for you to understand the differences between loan programs and select the best one for your needs.