Benefits of ARM Loans
-
Savings can be used to pay down other debt.
-
The 7-year and 10-year ARMS are the most popular ones in this category of loans.
-
An ARM is a great option for clients who intend to refinance or sell a home in an expected time frame.
-
Buyers can save thousands of dollars in payments during the initial fixed period vs. a fixed rate loan with a higher rate.
