Adjustable rate mortgages (ARM) typically offer home buyers the advantage of a lower payment during the initial period of the mortgage. Depending on the direction interest rates are taking, your loan can result in higher or lower monthly payments down the road. Understand the implication of your ARM by analyzing your monthly payment under different market scenarios.
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Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
