Adjustable Rate Mortgage's offer a low rate that is fixed for the first several years. This allows you to purchase... get cash out of your home... and lower your monthly payments at rates you thought you had missed.
The term ARM stands for Adjustable Rate Mortgage
The 5/1 ARM is a loan that has a fixed interest rate for the first 5 years, after that rates may vary
Adjustable Rate Mortgages are available on a Purchase and Refinance loans
RAMS will work with your realtor during your new home purchase
Loan to value (LTV) ratios up to 95%
Low rates, fixed for five years and low monthly payments from RAMS!
