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Mortgage Professor about five year arm: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Conversion Option on an Adjustable Rate Mortgage
January 24, 2000 "I have been offered a 5/1 ARM with the rate fixed for the first five years at 6.875 percent. It then adjusts with the Treasury 1-year Constant Maturity index, plus 2.75 percent. After five years, I can convert the loan to a fixed rate mortgage (FRM) at ... more... Detail on Single-Lender Mortgage Web Sites Summary Rankings of Web Sites, January 12, 2005 Rank URL Score Rank URL Score 1 Amerisave.com 47 2 Eloan.com 46 11 Countrywide.com 25 3 Mortgage.com (ABN ... more... |
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five year arm related definitions |
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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... Mortgage Broker Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... |
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More about five year arm Adjustable Rate Mortgage Loans - Understanding The Basics Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan Are You Ready for a 40-year Mortgage? What is the PayOption ARM? Real Estate Investor Question: Rehab and Sell, or Rehab and Keep? Can One Loan Be Best for Any Homeowner From 18-108? Option ARM - The World's Most Dangerous Mortgage Will You Live Long Enough To Pay Off A 40-Year Mortgage Option ARM The Worlds Most Dangerous Mortgage Option One Mortgage Loans - Getting an Option ARM or Option One Mortgage Loan
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