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Mortgage options
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Consider a 10/5 ARM with our local lenders and personal service Consider a 10/5 ARM with our local lenders and personal service
An Adjustable Rate Mortgage (ARM) is a home loan that starts
with an initial interest rate that is fixed for a certain period
(10 years), and then adjusts to a different rate (every 5 years).
The initial interest rate on an ARM is typically lower than
a fixed rate mortgage. So you can save money while you
make lower monthly payments.
The 10/5 ARM can be refinanced and there is
no pre-payment penalty, providing you with the
flexibility and security for your specific needs.
