- Top Question:
- What is an ARM loan?
- Best Answer:
ARM stands for Adjustable Rate Mortgage.
This type of loan is most commonly used by customers purchasing a home they only plan to be in for a short period of time. An ARM loan allows them to take advantage of a lower interest rate for a pre-determined initial term. The interest rate adjusts periodically based on the index rate. Talk to a mortgage lender today to discuss if an ARM loan is right for you.
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Lending Questions
… Frequently Asked Questions About Home Loans Have a question about mortgages with Arvest? We’ve answered some of …
what-you-should-know-home-equity.pdf
… r a specific amount of credit. Many lenders set the credit limit on a home equity line by taking a percentage (say, 75 … ble index (such as the prime rate published in some major daily newspapers or a U.S. Treasury bill rate). In such … website at consumerfinance.gov/askcfpb/5/can-i-review-my-credit-report.html for information about how to get free …
3-year-with-booklet.pdf
… ESTATE PURCHASES ONLY With respect to the loan for which you are applying, we intend to obtain one or more of the … with us, you are entitled to a refund of any fees that you have paid to us or anyone else in connection with your … interest in your home. You could lose your home if you do not meet the obligations in your agreement with us. 3. …
5-year-with-booklet.pdf
… abstract of title, title insurance, and property survey fees; fees for preparing deeds, mortgages, and …
What You Should Know About Home Equity Lines of Credit
… abstract of title, title insurance, and property survey fees; fees for preparing deeds, mortgages, and …
combined-heloc-disclosures.pdf
… 1. AVAILABILITY OF TERMS. All of the terms described below are subject to change. If these terms change (other than the … line of credit; B. You fail to make a payment as required by the agreement; or C. Your action or inaction adversely … Protection Bureau (CFPB) P.O. Box 4503 Iowa City, IA 52244 Insured depository institu tions and credit unions with …
