Find 5 Year ARM Rates

5/1 ARM programs are probably the most popular of all adjustable rate mortgage products. 5/1 ARM rates tend to be constistenly lower than seven and ten year ARMs and have a larger gap between the rates offered compared with 30 year fixed rate mortgages. However, with a 5 year adjustable rate mortgage you do carry a higher lever of risk as your introductory rate only remains set for the first 60 months of the loan. After the first five years pass, the mortgage then begins to bounce around for the remaining term of the loan (most have 30 year amortization schedules). You may only want to consider a 5 year ARM if you plan on being in your property for less than 5-7 years and rates are considerably lower than current fixed mortgage rates.

Why Consider a 5/1 ARM?

• Potential savings for the first 60 months of the loan before the mortgage begins to adjust.
• May be a good fit for people who feel secure in their current employment and in stable or appreciating real estate environments.
• Caps, Margins, and Indexes will vary by product and investor. Be sure to ask a mortgage professional for details.

Note: If you are a mortgage lender or broker that offers ARM programs and would like to advertise on BurlingtonMortgage.biz, please call 910-547-6910.

Other Lenders and Brokers Offering 5 Year Adjustable Rate Mortgages

American Bank (National)
Gateway Bank Mortgage (FL, GA, SC, NC, VA, MD)
American Financial Resources (National)
Decker Group (TX)



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10/1 ARM
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