Adjustable-Rate Mortgage

An Adjustable-Rate Mortgage (ARM) from Jefferson Bank is the perfect solution if you’re looking for flexibility in term options for your mortgage.

The rate of interest you pay adjusts according to market conditions, which can help a homebuyer make the most out of their new adventure in homeownership. With Jefferson Bank on your side, it’s never been easier to take advantage of life’s opportunities.

Adjustable rate mortgages are ideal for those planning to stay in their home for less than five years. Early professionals or those staying open to change can certainly benefit the most, especially if you enter the mortgage during a low interest rate period.

Benefits of an Adjustable-Rate Mortgage:
  • A lower initial interest rate than most fixed rate loans
  • Lower payments at the beginning of the loan
  • A good choice for short-term buyers
  • Your interest rate is determined by market conditions – if rates increase, so does your payment and if rates decrease, so could your payment
  • There are no penalties for paying extra principal on your loan
  • You choose the life of your loan

Not sure what loan option works best for you? Talk to one of our lenders.

Our lenders are always happy to help answer any of your mortgage related questions. Reach out and contact us at Jefferson Bank today!