Call Today: (800) 566-0551
Call Today: (800) 566-0551
mortgage loans
mortgage loans

Adjustable Rate Mortgages (ARMs)

These loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home.

However, the interest rate changes at specified intervals (for example, every year) depending on changing market conditions; if interest rates go up, your monthly mortgage payment will go up, too. However, if rates go down, your mortgage payment will drop also.

There are also mortgages that combine aspects of fixed and adjustable rate mortgages - starting at a low fixed rate for seven to ten years, for example, then adjusting to market conditions. Ask your mortgage professional about these and other special kinds of mortgages that fit your specific financial situation.

3560 Cardinal Point Drive, Suite 101, Jacksonville, Florida 32257
Toll Free: 1 (800) 566-0551 | Office: (904) 338-9356 | Fax: (904) 338-9402
E-Mail: [email protected]

 

3560 Cardinal Point Drive, Suite 101, Jacksonville, Florida 32257
Toll Free: 1 (800) 566-0551 | Office: (904) 338-9356 | Fax: (904) 338-9402
E-Mail: [email protected]

 

 

Atlantic Trust Mortgage
NMLS #239592 
Privacy | Terms | Contact Us | Home

 

 

Atlantic Trust Mortgage
NMLS #239592 
Privacy | Terms | Contact Us | Home