Adjustable Rate Mortgage Loan Disclosure 15/1 ARM Mortgage ...

FLCBank 15/1 5-2-5 ARM without Interest Only Option INITIAL INTEREST RATE CHANGE EXAMPLE: If you had a $10,000, 30 year loan with an initial rate of 3.75% in effect, the maximum amount that the interest rate can rise is 5.000% percentage points, to 8.75% at your initial and 2.00% subsequent change dates. ................
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