Adjustable Rate Loans

If you are looking to begin the process of applying for a mortgage, one of the first decisions you’ll need to make is whether to get a fixed rate loan or an adjustable rate loan. Our team of experts are standing by and ready to assist you with navigating the details of this decision.

When you get an adjustable rate loan, you will initially be charged a relatively low fixed rate for part of the duration of the loan (usually 5, 7 or 10 years). After this period, you will be paying a different, adjusted rate. The main advantage of getting an adjustable rate loan is the savings afforded by a lower initial interest rate. If interest rates are currently high, or you only plan on living in a property for a short amount of time, then an adjustable rate loan is likely what you’re looking for.

Our team of experienced professionals is here to answer
any questions you have along the way.
Call (805) 774-1155