Have you come across Adjustable Rate Mortgages (ARMs)?
An Adjustable Rate Mortgage (ARM) is a home loan with an interest that can vary from time to time, commonly after an initial fixed-rate duration.
People who are happy with initial reduced interest rates, intend to relocate or refinance within several years, change to a fixed-rate mortgage, or think about the sale of their house may select an ARM.
ARM is also ideal for those that will have greater future income.
Wave Lending Group is a local mortgage broker that offers competitive adaptable rates and a quick, hassle-free process for residents in and around Bonney Lake.
Whether you're searching for lower initial rates or a shorter-term financing solution, we provide flexible rate mortgages tailored to your needs, making homeownership more accessible and cost-effective.
If you ’re interested in ARM, complete our simple Adjustable Rate Mortgage Qualifier form to receive different loan options, compare the different mortgage interest rates, and select the most suitable option for you.
For more information, our team is more than glad to help you throughout the process, so contact us today!
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