The original interest rate of an ARM is lower than that of a fixed rate mortgage, consequently, an ARM maybe a great option to go for especially if you wish to own the home for only a couple of years; you expect an increase in future earnings; or, the principal interest rate for a fixed mortgage is too high.
Axiom Home Loan is here to make your home loan process very easy with technical advancement and proficiency that will guide you throughout your loan process. Starting with our FREE Adjustable Rate Mortgage application.
With total transparency, we will allow you to compare loan options, allowing you to choose the best one for you – whether you’re a first-time home buyer or a seasoned real estate investor. Axiom Home Loan Adjustable Rate Mortgage Loan Process
Most homeowners opt for adjustable-rate mortgages because of the low initial payment, and then refinance the loan when the fixed period expires. At that time, the interest rate becomes variable, or changeable, and the homeowner would likely refinance into another ARM, basically fixed, or sell the home outright.
Adjustable Rate Mortgage Qualifier!
