top of page
  • Paul Barranco

Adjustable Rate Mortgages (ARMs) Aren’t What They Used To Be

Today’s adjustable-rate mortgages are a lot different than they were in the past. And they may be the best choice for your purchase or refinance.

ARMs are smarter. Here’s why:

  • Most people only stay in their mortgage for 5 to 7 years. Why not go for the lower rate?

  • With an ARM, more of your payment goes toward the principal, so you pay down your mortgage faster.

  • ARMs are safer

  • ARMs no longer feature pre-payment penalties, so you can easily refinance.

  • You’ll never have to worry about a big balloon payment.

  • ARMs can save you money

  • A lower rate means a lower payment, which means more cash in your pocket each month.

Let’s Talk About Your ARM Options.

Contact the team at 1st Phase Mortgage today!

Recent Posts

See All

Don’t Curb Your Home’s Appeal

Paying regular attention to your abode’s exterior prevents cold shoulders from neighbors and keeps passersby from slamming on the brakes to stare at the eyesore. More than cosmetics, a spiffy home pro

Here Are the Best Ways to Store Your Pet’s Food

Quick: Where do you store your pet’s food? Is it sitting in an open bag on the floor, perhaps? We pet people spend a lot of time, energy, and money selecting and buying our furry friends’ food, but wh

コメント


bottom of page