Have you come across Adjustable Rate Mortgages (ARMs)?
An Adjustable Rate Mortgage (ARM) is a house loan with an interest rate that can fluctuate periodically, commonly after an initial fixed-rate period.
Borrowers who are happy with initial lower interest rates, intend to move or refinance within a few years, change to a fixed-rate mortgage, or think about the sale of their house may choose an ARM.
ARM is also suitable for those expecting increased future revenue.
Wave Lending Group is a trusted mortgage broker that provides competitive flexible rates and a quick, hassle-free process for residents in and around Bonney Lake.
Whether you're searching for reduced initial rates or a shorter-term financing solution, we offer adaptable rate mortgages tailored to your needs, making homeownership more accessible and cost-effective.
If you want to know more about ARM, complete our simple Adjustable Rate Mortgage Qualifier form to get access to various 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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