3/1, 5/1 and 7/1 Adjustable Rate Mortgages
Page 1 of 4 3/5/7 ARM 7/13/18 Wholesale Lending 3/1, 5/1 and 7/1 Adjustable Rate Mortgages This program saves the borrower money in interest costs by providing a lower introductory rate for the first 3, 5 or 7 years when compared to a traditional 30 Year mortgage. After the initial fixed-rate period, the interest rate adjusts to the Index at the ................
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