Why an ARM?

If you are looking to move or refinance within the next few years, an Adjustable Rate Mortgage (ARM) may be a good choice for you. This mortgage will allow you to take advantage of today’s extra low rates while you move forward with life.

What is a 5/1 ARM?

A 5/1 ARM is an adjustable rate mortgage that has a fixed interest rate for the first five years of the mortgage. Then after the first five years, the rate is subject to change annually. The rate will be determined by the index; in this case we use the 1 year LIBOR, plus the margin. Our margin is defined for this loan at 2.00%

What is a 5/5 ARM?

This is also an adjustable rate mortgage. In this loan the rate is constant for the first five years. Then the rate is subject to an adjustment every 5 years. The index for this loan is also the 1 year LIBOR and the margin is 3.00%

Do you have more questions? – Read our Frequently Asked Questions here

Type & Term Rates
5/1 ARM - 30 year with escrow Rates as low as3.00%
5/1 ARM - 15 year with escrow Rates as low as2.75%
5/5 ARM - 30 year with escrow Rates as low as3.25%
5/5 ARM - 15 year with escrow Rates as low as3.00%

Last updated 2017-03-23.

5/1 ARM and 5/5 ARM priced off the 1 year LIBOR. 2%/5% caps. 5/1 ARM margin 2.00%, floor rate 2.75%. 5/5 ARM margin 3.00%, floor rate 3.00%. Add 0.25% of no escrow. Max LTV 90% no cash out ref. Max LTV 75% cash out refi. PMI required above LTV of 80%.


Rates may be fixed or variable and may include discounts or other promotional conditions. Rates are subject to change without notice.