ARMs ARE SMARTER
- 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.
Considering an Adjustable Rate Mortgage? Today’s ARMs are a lot different than they were in the past — and they may be the best choice for your purchase or refinance.
When figuring out how to finance the purchase of your new home you may have heard of ARM mortgages as an option.
An ARM mortgage is an adjustable rate mortgage.
Although considered risky for some, the ARM can be a great option for many reasons.
First and foremost, an ARM mortgage is a beneficial option for anyone as they have a lower interest rate which can make a big difference when paying off your loan.
Your local mortgage broker should be well equipped to help you strategize your ARM in order to make it most profitable for you.
Many people feel most secure making the choice to lock down their rate for fear of it rising.
The ARM mortgage is special in that while it can go up, it can also go down, which can be an exciting opportunity for you and your money.
The reality that many borrowers face when financing their homes are the realistic timeline they expect to inhabit and pay for the home.
In many cases, homeowners don’t plan on living in a home for the next 30 years, an ARM mortgage allows an opportunity for your mortgage loan to fit your unique timeline.
Perhaps most important when deciding what kind of mortgage, you would like to use is finding a mortgage broker you can trust.
Many mortgage brokers will promise you the world but deliver the cookie cutter financing options without really getting creative to help you meet your goals.
At Buckingham Mortgage we consider ARMs to be an excellent choice when it comes to providing our clients with a smarter, safer, money saving rate.
We have the industry professionals who are ready to discuss your individual options in order to help you mortgage your dream home.
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
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