Contact Ed or Todd for 48 Hour Approval Notices. Mortgage in which the rate of interest is adjusted based on a standard rate index.
Most ARMs have a cap on how much the interest rate can increase.
VA Mortgage is a mortgage guaranteed by the Veterans Administration and to obtain a VA mortgage the buyer must have served in the Armed Forces. A buyer obtaining a mortgage for the first time, or a single-parent obtaining a loan for the first time. A mortgage that has a fixed rate for the term of the mortgage. Loans based on the equity in a home. Equity is the difference between the Market Price and the Mortgage Loan Balance.