Adjustable Rate Mortgages

Fixed 3 Year, 5 Year, 7 Year and 10 Year ARMs (plus straight 6 Month & 1 Year ARMs)

The Six Month LIBOR ARM is tied to the LIBOR (London Interbank Offered Rate) index, and adjusts at six month increments. A periodic rate cap limits the increase in your rate at each adjustment to no more than 1%. The rate on your LIBOR loan will never go higher than 6% over the start rate. And the loan is assumable.

If you are looking for an introductory rate that will help you qualify for a larger loan, but want that introductory rate for a longer time, check out our adjustable rate Treasury ARMs.

Option ARMs

(aka "Pick-A-Payment Loans")

If you’re looking for maximum possible qualifying power, the 12 MAT Adjustable Rate Mortgage is the loan for you. With a super-low introductory rate, you can qualify for a larger loan – and a bigger house.

The 12 MAT loan has a very stable index (the average over a 12 month period of one year Treasury constant maturities). This averaging procedure means the index fluctuates less than any other index we offer. In turn, your rate is more stable.