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Adjustable Rate Mortgages

An Adjustable Rate Mortgage may be a good choice if you:

  • Want to maximize your buying power
  • Want to keep your payments lower during the first few years of your loan
  • Plan to move into a different home within the next ten years
  • Plan to pay off your mortgage within the next 10 years
  • If, in the coming years, you expect your income to increase significantly

15 Year ARM Land Loan (Over 40 Acres)

Best Choice If:

You want a loan with loan initial payments that can adjust up or down with market movement, and you plan to pay off your mortgage early		Advantages:

Low initial rate and payment		Disadvantages:

Riskier if you do not have the income to cover the potential changes in monthly payment, and the interest rate can rise above the current fixed rates over time

15 Year ARM Lot Loan (40 acres or less)

Best Choice If:

You want a loan with loan initial payments that can adjust up or down with market movement, and you plan to pay off your mortgage early		Advantages:

Low initial rate and payment		Disadvantages:

Riskier if you do not have the income to cover the potential changes in monthly payment, and the interest rate can rise above the current fixed rates over time

Truity 3/1 ARM 15 Year

Best Choice If:

You want a loan with; low initial payments that can adjust up or down with market movement.		Advantages:

Low initial rate and payment. 		Disadvantages:

Interest rate and monthly payment adjust frequently.

Truity 3/1 ARM 30 Year

Best Choice If:

You want a loan with; low initial payments that can adjust up or down with market movement.		Advantages:

Low initial rate and payment. 		Disadvantages:

Interest rate and monthly payment adjust frequently.

Truity 5/1 ARM 15 Year

Best Choice If:

You want a loan with; low initial payments that can adjust up or down with market movement.		Advantages:

Low initial rate and payment. 		Disadvantages:

Interest rate and monthly payment adjust frequently.

Truity 5/1 ARM 20 Year

Best Choice If:

You want a loan with; low initial payments that can adjust up or down with market movement.		Advantages:

Low initial rate and payment. 		Disadvantages:

Interest rate and monthly payment adjust frequently.

Truity 30 Year 5/1 ARM

Best Choice If:

You want a loan with loan initial payments that can adjust up or down with market movement, and you plan to pay off your mortgage early		Advantages:

Low initial rate and payment		Disadvantages:

Riskier if you do not have the income to cover the potential changes in monthly payment, and the interest rate can rise above the current fixed rates over time

Mortgage Rates

The Loan Consultant feature determines the products and rates that match your needs.

Ready to Start?

To apply for your easy online loan, all you have to do is answer a few simple questions about yourself, your property and your income, debts and assets.

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