Get a low rate on a 5/5 mortgage. That’s right, you could save thousands.
How a 5/5 ARM Mortgage Works:
- Conforming loans defined up to $750,000. Ask about our jumbo loans
- Maximum of 2% initial rate change after the introductory term
- Maximum of 2% rate change every 5 years
- Maximum increase of 5% total rate change over the life of the loan
What You Can Do with a 5/5:
Whether you want to furnish, fix-up or free-up funds for other things, your starting payment will be lower than with a 30-year fixed mortgage.
Not sure this is your forever home? Five years gives time to save for what’s next or pay down your principal.
You may be able to qualify for more home by choosing an adjustable rate mortgage. Consider stretching for the house you’ll call home for a long time.
Use our Mortgage Refinance Calculator to run the numbers.
NMLS ID #649058. Mortgages available in Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Texas (1st TD only), Utah and Washington.
For mortgages in all other states click here