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
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I am extremely satisfied with my service at GMFS and Lainey. Lainey was very attentive and patient with my husband and I. She was very prompt with returning all calls and she made me feel like I was part of her family. I will be recommending her to all of my family and friends.
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The Lender I had (Stephanie Chenevert) was absolutely amazing. Very responsive and did everything possible to get me into my first home. I am beyond grateful and will use her in the future and recommend GMFS and her to anyone in the market to purchase a home!
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