|
The Harris No Surprises Mortgage
|
® |
|
Adjustable Rate Mortgages (ARMs)
|
     
An adjustable rate mortgage (ARM) could be an excellent loan choice if:
 |
• |
You want to lower initial monthly payments |
 |
• |
You expect to own your home for a few years (5 to 7 years) |
 |
• |
You have a tolerance for possible rate fluctuations |
 |
• |
The overall rate environment is high and/or you expect rates to fall in the future |
Harris offers a variety of choices in ARMs. All with varying rates, terms, adjustment periods, margins, caps and indices. (For a definition of these terms, visit our Glossary of Mortgage Terms.)
While ARMs can save money in the short run, it is important to consider all aspects of an ARM before choosing one. To discuss which option may be right for you, click here to find a Mortgage Specialist or call 1-888-HUBERT-1 (1-888-482-3781).
To apply online for a Harris No Surprises Mortgage, click here.
|