Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about arm loan start rate: | |||||||||||||||||||||||
Adjustable Rate Mortgages with Flexible Payments
19 January 2004, Revised 15 February 2005, 1 August 2005 Flexible payment ARMs carry a variety of names in the marketplace: "1 Month Option Arm", "12 MTA Pay Option ARM," "Pick a Payment Loan", "1-Month MTA", "Cash Flow Option ... more... Pay Points on an Adjustable Rate Mortgage? November 22, 1999 " I understand that if I intend to stay in my house a long time, it may pay me to pay extra points to reduce the interest rate, but does this apply to ARMs?? Does the interest rate reduction on an ARM only apply to the starting rate, or does it carry ... more... |
|||||||||||||||||||||||
arm loan start rate related definitions |
|||||||||||||||||||||||
Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Back End Pionts vs Front End Points Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker ... more... |
|||||||||||||||||||||||
More about arm loan start rate Home Loans and Mortgages The Selection Can Be Bewildering Personal Loans - To Make A Personalized Financial Agenda Follow A Few Simple Steps To Make Shopping For Your New Home Loan A Little Easier Apartment Loan 101 Home Equity Loans Categories 4 Ways To A Low Mortgage Interest Rate Option ARM - The World's Most Dangerous Mortgage Adjustable Rate Mortgage - How They Work? Secured Homeowners Loans In Case You Thought a Home is Worth Few Dollars Using Refinancing to Secure Lower Interest Rates
|
|
||||||||||||||||||||||
|