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Adjustable Rate Mortgage

Save more upfront with an adjustable rate mortgage

An adjustable rate mortgage (ARM) offers lower initial payments and flexible terms, perfect for homeowners planning to move or refinance within a few years.

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Adjustable Rate Mortgage Benefits

Start low and save with an adjustable rate mortgage.

An ARM offers lower initial payments with flexible terms, like 5/1, 7/1, and 10/1 options. ARMs provide an affordable path to homeownership with competitive starting rates and the potential for future savings.

Lower initial payments
Flexible loan terms
Potential for future savings if rates go down
Increased purchasing power
Ability to sell or refinance before rates adjust

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Working with Bobby was an outstanding experience from start to finish. He is incredibly knowledgeable, efficient, and transparent, and he made what could have been a stressful process feel manageable every step of the way.No matter how many questions I had, Bobby was always patient, responsive, and took the time to explain everything until I fully understood my options. I never felt rushed or left in the dark. His communication was excellent throughout the entire process, and I always knew what to expect next.What impressed me most was his genuine commitment to helping me reach the closing table. He consistently went above and beyond, worked diligently behind the scenes, and made me feel like my home purchase truly mattered to him. This is the first of many, and when the time comes to purchase my next home, Bobby will be my first call!

Toni E.

Verified Customer
5.0

Nancy goes the extra mile. She's helped me through two home purchases and a refinance and I couldn't imagine going through a home purchase without her.

Christina C.

Verified Customer
5.0

Can’t thank Linda enough for all her help navigating the purchase of our new home out of state! The process with Lower Mortgage was quick and easy but Linda made sure she communicated with us every step of the way and ensured everything went smoothly!

Jennifer R.

Verified Customer
5.0

This is our second time working with Phil, he made the home buying process so easy. We would work with him again for any future home purchases and would definitely recommend him to others!

Amy A.

Verified Customer
5.0

Nick is an exceptional mortgage loan officer. He is incredibly thorough and makes it his mission to explain every dollar, fee, and detail throughout the process so there are never any surprises. His ability to break down complex information and ensure you fully understand your loan is invaluable. Beyond his expertise, Nick is patient, responsive, hardworking, and operates with the highest level of integrity. From the initial application all the way through closing, he remains committed, available, and focused on making the experience as smooth as possible. I’ve purchased two homes with Nick, and both experiences exceeded my expectations. His professionalism, knowledge, and dedication have earned my complete trust. He will be the only mortgage lender I work with in the future, and I highly recommend him to anyone looking for a knowledgeable and dependable loan officer.

Trenita T.

Verified Customer
5.0

The Esersky Group has been phenomenal. Miguel possesses vast knowledge on the real estate industry and loan processes. He made our first-time home buying experience smooth and transparent. We cannot thank Miguel and his team enough for their dedication during the purchase of our home. When we reviewed our loan options, Miguel stepped in with poise, tact, and excellent problem-solving skills to find the best possible loan options based on our unique situation. His deep knowledge of the local Santa Clarita market and constant communication kept us feeling confident and in control at every stage. A true professional who goes above and beyond! Thank you Miguel!!

Cesar A.

Verified Customer
5.0

From start to finish Melanie and her sister Terie were great. Got me pre approved to make an offer on our home the first day I called. Stayed in constant contact the whole way through. And gave me much needed advice all the way through, which I needed being it was my first time buying a home.

Kyle H.

Verified Customer
5.0

Sarah is amazing at her job! She was always on top of things and made herself available to help us through things as first-time home buyers trying to understand the process. And she hooked us up with a loan that worked for us and exceeded our expectations!! I would recommend her to anyone trying to buy a home.

Erryn S.

Verified Customer
5.0

This team is awesome they made the homebuying process very seamless. They offer wonderful support and guidance throughout the process. I would highly recommend this lender if you are looking to finance your home. They literally help you every step of the way! So grateful to have worked with this team during my home purchasing journey. Thank you guys, you're awesome 😊❤️

Lorie H.

Verified Customer
5.0

Seemless, well informed and stress free! Jake and his team were working for my best interest from the beginning! I was working with a large national company that just wanted more money and had no interest in my financial wellbeing. I fired them and hired Jake the same day, on my realtor, John Dewald, recommendation . The BEST decision my entire buying experience! Jake's team recommended a less expensive insurance policy, connected me with that company and assisted me through every step of the process. They had my back at every turn including finding ways to save me money at close. They worked closely with my realtor, John Dewald and my closing company , Purchaser's Choice. Overall an exceptional team that brought me to close in less than 15 days! Local, well connected and have all the right tools to get me to a timely close. HIGHLY RECOMMEND Jake Adler Mortgage

Teresa S.

Verified Customer
5.0

This is my second home purchase with Monica Mudie and I must say she is amazing and continues to serve the exact same level of care, professionalism and detail as she did for my first home. I always learn more when working with Monica she likes to make sure her clients are informed and understand why things are happening. She is my preferred lender always . At this point she feels like family lol, thank you 1,000 times over!

Shantee T.

Verified Customer
5.0

Mr. Chris saved my life—in the sense of how he helped me, the patience and assistance he provided, and the advice, guidance, and discipline he instilled in me to help me achieve the goal of buying my home. Mr. Chris is the best; May God bless him always as he continues to help families fulfill their dream of homeownership. Thank you from the bottom of my heart.

Luis N.

Verified Customer
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5/1 ARM: Save more in the first five years.

With a 5/1 ARM, enjoy low fixed payments for five years before the rate adjusts. Ideal for buyers who plan to move or refinance soon.

7/1 ARM: Flexibility and stability combined.

Secure a low fixed rate for seven years with a 7/1 ARM. Perfect for homeowners who want more time to plan for future adjustments.

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arm3

10/1 ARM: Long-term savings, flexible rates.

A 10/1 ARM offers a full decade of fixed rates, providing stability with the flexibility to adjust later. Great for buyers wanting stability upfront.

Frequently Asked Questions

You’ve got adjustable rate mortgage questions. We’ve got answers.

Are there limits on how much the rate can adjust?

Yes, ARMs typically have caps that limit how much the interest rate can change. These include initial adjustment caps, periodic adjustment caps, and a lifetime cap that keeps rates from exceeding a certain level over the life of the loan.

What do terms like 5/1, 7/1, and 10/1 mean?

In ARM terms, the first number represents the initial fixed-rate period in years, and the second number indicates how often the rate adjusts after that period. For example, a 5/1 ARM has a fixed rate for five years and then adjusts annually.

What is an adjustable rate mortgage (ARM), and how does it work?

An ARM starts with a fixed interest rate for an initial period (such as 5, 7, or 10 years), followed by a rate that adjusts periodically based on market conditions. This structure allows you to benefit from lower rates upfront, with adjustments occurring annually after the fixed period.

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