Are you familiar with the concept of an Adjustable Rate Mortgage (ARM)?
An Adjustable Rate Mortgage (ARM) is a home loan with an interest that can change from time to time, typically after an initial fixed-rate term.
Individuals who are happy with initial lower interest rates, intend to relocate or refinance within some years, switch to a fixed-rate mortgage, or think about the sale of their home may choose an ARM.
ARM is also good for those that will have increased future revenue.
Wave Lending Group is a reliable mortgage broker that provides competitive flexible rates and a fast, hassle-free process for residents in and around Bonney Lake.
Whether you're looking for reduced initial rates or a shorter-term financing solution, we offer flexible rate mortgages customized to your needs, making homeownership more accessible and affordable.
If you ’re interested in ARM, complete our simple Adjustable Rate Mortgage Qualifier form to receive various loan options, compare the unique mortgage interest rates, and choose the most suitable option for you.
For more info, our team is more than glad to help you throughout the process, so call us today!
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