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Fairway Of The Triangle

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filler@godaddy.com

  • Home
  • Purchase
  • Loan Options
    • Refinance
    • Conventional Loan
    • Adjustable-Rate Mortgage
    • Fixed-Rate Mortgage
    • FHA Loan
    • VA Loans
    • Jumbo Loans
    • Renovation
    • USDA Loans
    • Reverse Mortgage
    • Physician Home Loan
    • Divorce Lending
  • Homebuyers Guide
  • The Fairway Blog
  • Meet The Team
  • Fairway Careers
    • Who We Are
    • Learn & Grow With Fairway
    • Mortgage Technology

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Adjustable-Rate Mortgage

Start Here!

Providing Flexibility for Homeowners

An adjustable-rate mortgage (ARM) is a loan term option with interest rates that can change periodically after the initial fixed-rate period. After this introductory period, monthly payments are susceptible to increases or decreases based on market fluctuations, which can also affect the monthly payment.

Adjustable-Rate Mortgage Highlights

An ARM might be the right option for you if you plan on moving within 7 years since they feature lower introductory interest rates. If interest rates are expected to fall, a homeowner could potentially reduce their monthly payments with the lowered interest rates. Highlights of an adjustable-rate mortgage include:

 Lower initial monthly payments

Possibility to qualify for higher loan amounts

Rates and Payments may decrease based on the index rate

 Contact Us: 

 

Fairway Independent Mortgage Corporation

NMLS Entity ID# 2289

632 Pinecroft Dr.

Clayton, NC 27520

Phone: (919) 879-3040

Info@FairwayOfTheTriangle.com


 Complaints May Be Directed To: 

 877-699-0353 

 customerservice@fairwaymc.com 


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Legal Disclosure:

  http://bit.ly/FIMCDisclosures 


Copyright ©2022 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity. 


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