An adjustable-rate mortgage (ARM) has a variable interest rate applied to your VA, FHA, or Conventional loan’s outstanding balance for the entire length of your loan. Usually, the interest rate is fixed for a period of time at the beginning, referred to as the “initial rate period,” which can offer you the lowest rates and payments compared to fixed-rate mortgages.
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7047 E Greenway Pkwy
Scottsdale, AZ 85254
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