Adjustable Rate Mortgage (ARM)

Adjustable Rate Mortgages (ARMs) offer an initial period of lower interest rates compared to fixed-rate mortgages, which can be beneficial for borrowers planning to sell or refinance before the rate adjusts. These loans feature interest rates that change at specified intervals, reflecting market conditions. At University Lending Group in Hendersonville, we offer ARM loans with various adjustment periods to suit your financial strategy and future plans. ARMs are ideal for those who anticipate income growth or plan to move within a few years. They can provide significant savings on interest payments during the initial fixed-rate period. Our loan officers will help you understand how ARM loans work, including the adjustment intervals and rate caps, ensuring you make an informed decision. With our guidance, you can leverage the benefits of ARMs to meet your home financing needs efficiently.