Adjustable Rate Mortgages
An adjustable-rate mortgage (ARM) usually offers a lower initial interest rate that can increase after a pre-set period. The Sarah Pichardo Team offers ARM loans with initial fixed periods of three, five, seven, and ten years. These programs can be great for borrowers that are looking to stay in their property for less than the fixed period (three to ten years) or for experienced homeowners that understand the risks and benefits of an adjustable-rate mortgage. The Sarah Pichardo Team can give you the information you need to make an informed decision about choosing a fixed or adjustable-rate mortgage.
