limited-time special

3/1 adjustable rate mortgage

as low as 5.99% interest rate1 and 6.03% APR1

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What is an adjustable rate mortgage?

Found the perfect home, but not the perfect rate? Let’s help you with that. For a limited time only, our 3/1 adjustable rate mortgage (ARM) starts as low as 5.99% interest rate1 and 6.03% APR1.

An ARM has an initial interest rate that’s fixed for a specific period of time, followed by an adjustable interest rate that increases or decreases over the remaining life of the loan, based on certain market conditions.

A 3/1 ARM has a fixed interest rate for the first 3 years of the loan. Afterwards, the rate is adjusted every year.

Benefits of a 3/1 ARM

  • You could have an initial lower monthly payment than a fixed-rate mortgage usually offers.
  • It’s a good choice if you plan to move before the end of the introductory fixed-rate period.
  • Ideal if you think interest rates may go down in the future.

A preapproval helps you:

  • Set a budget before you start shopping
  • Act fast and make a competitive offer
  • Stand out above the crowd

Already applied? Log in to:

  • Check your loan status
  • Complete the next steps on your loan
  • Questions? Reach out to your Mortgage Advisor