What are some alternative mortgage products that borrowers might consider instead of an ARM?

This disclosure describes the features of the Adjustable Rate Mortgage (ARM) Program you are considering. Information on other ARM programs is available on ... Feb 16, 2023 ... Yes, Members 1st offers various ARM loans, including 3/6, 5/6, 7/6, 10/6 and 15/6. These ARMs offer a fixed rate for the first number of years ... Product Features · Up to 95% Financing · More Flexible Terms, with Lower Initial Interest & Payment · Alternatives that Offer Adjustment after 5, 7, or 10 years ... Freddie Mac's Adjustable Rate Mortgage (ARM) PC program appeals to investors looking for assets to match short-term liabilities and liabilities with floating ... ... Bulletin 1.3-104 Counseling And Opt-In Requirements For Subprime Adjustable Rate Mortgage Loans Made To First Time Home Loan Borrowers. Date: 11/23/2022. Apply for an Adjustable-Rate Mortgage from West Shore Bank! West Shore Bank's mortgage lenders are based in your Northern Michigan and West Michigan communities ... Dec 22, 2023 ... A 5/1 ARM is an adjustable-rate mortgage with an interest rate that is fixed for the first 5 years, then adjusts once every year for the rest of ... Adjustable-Rate Mortgage ... Adjustable-rate mortgage loan (ARM Loan) is a term loan option where the interest rate can change periodically after the initial ... An adjustable-rate mortgage (ARM) is a loan with a fluctuating interest rate that aligns with broader financial market trends. ARM loans you'll encounter today ... Apr 12, 2024 ... An adjustable-rate mortgage (ARM), also called a variable-rate mortgage or hybrid ARM, is a home loan with an interest rate that adjusts over ...