Adjustable Rate (ARM) Mortgages
The Adjustable Rate Mortgage or ARM offer the lowest home loan interest rate available for 5/1 or 7/1 terms. ARMs tend to be best for the financially savvy borrower.
ARM Features
Adjustable Rate Mortgages can significantly reduce the cost of your mortgage by providing the lowest mortgage rate available
May be ideal if you plan to move or refinance in the next 5 or 7 years
While these products are not generally ideal for the first time home buyer they are ideal for the financially savvy borrower looking to purchase an investment property or second home
Remember, after the initial fixed-rate period, the rate of an Adjustable Rate Mortgage (ARM) may change once per year.
ARM Calculator
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Customer Reviews
Working with GMFS Mortgage was quick and easy – Kevin was very knowledgeable & we felt well-informed during our home-buying process. He was easy to talk to & was always available to answer questions thoroughly. Thanks for helping us purchase our first home! We’ll use GMFS Mortgage again in the future.
GMFS Mortgage was great to work with! Super fast response time any time I had questions, which was a lot! Made first time home buying a wonderful experience!
Ryan and his team were very helpful during this whole process. They were very informative and did everything they could to get me exactly what I wanted.. Anytime I became discouraged they made sure to let me know not to worry and that everything would work out. They kept me updated every step of the way, I couldn’t have asked for a better team. [Zillow reviews]
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