Rate Mortgage Loans:
An ARM is a loan for which the interest rate can fluctuate
either up or down depending on economic trends.
ARM programs usually benefit a borrower during the initial
stages of a loan. The borrower will usually pay less interest
and can sometimes qualify for a larger loan amount.
The flexibility of the ARM programs
can provide terms and features that suit almost any borrowers’ needs.
When shopping for an ARM product a consumer should always
be cautious and consider the future payments.
Adjustable rate - APR may increase after consummation of
CONSUMER ARM PRODUCTS include:
For more information about the adjustable rate mortgage
products available, access the
Mortgage Center or contact a member of Marblehead
Lending Team at 781-631-5500.