3 and 5 Year Jumbo Adjustable Rate Mortgages
If you are planning on living in your home for three
to seven years, then a 3 year or 5 year jumbo ARM
might be the right choice for your home financing
needs. These programs are available for loan sizes
greater than $417,000 for single family homes, $533,850
for duplexes, $645,300 for triplexes, and $801,950
for 4-unit properties (may vary by area). A huge portion
of homeowners in the U.S. do not stay in their homes
for more than seven years. So, why do so many homebuyers
gravitate to 30 year mortgages? Perhaps it is security
or just an old habit. The truth is that it is probably
not the wisest financial strategy. With a 3 year jumbo
adjustable rate mortgage or a 5/1 jumbo ARM, you may
get a lower fixed starter rate for three to five years
than you would with a 30 year mortgage. Of course,
after the initial fixed period, the rate may adjust
up or down depending upon the state of the market
at that time. Yes, there are some risks with adjustable
rate mortgages. However, a savvy homeowner can use
ARMs in their favor. The one thing that you want to
make sure of is that you do not get stuck with any
pre-payment penalties that are buried in the fine
print. Almost all of our investors’ programs
do not come with a pre-pay
penalty. Simply give us a call today at 877-RATE-LOW
(877-728-3569) for a free consultation and to discuss
whether a 3 year jumbo ARM or 5 year jumbo adjustable
rate mortgage might be right for you.
Contact AAXA for 3 year or 5 year jumbo ARM rate
quote and program details:
1. Call us toll free at
877-RATE-LOW (877-728-3569)
for a consultation.
2. Request mortgage rates using the
Rate Quote
Form on this page.
3. Complete a no obligation
online
mortgage application.
3 Year Jumbo ARM and 5 Year Jumbo ARM Benefits:
- Low introductory rate fixed for three to five
years
- Various index based options to help you find the
right balance of minimizing risk and getting a great
rate (i.e. LIBOR vs. Treasury) – Ask your Loan
Advisor for details
- Interest only mortgage solutions available for
qualified individuals.
Applying for a 3 Year Jumbo Adjustable Rate Mortgage
& 5 Year Jumbo ARM
There are several ways to receive information on our
investors’ fixed
rate mortgage and adjustable
rate mortgage offerings. You can apply online
in ten minutes using our online
mortgage application. AAXA does not charge an
application fee to apply and you are under no obligation
if you decide to change your mind before moving forward.
You can also request a mortgage rate quote using our
Rate Quote form or you can apply the old fashioned
way and simply give us a call at 877-RATE-LOW (877-728-3569).
No matter what type of jumbo mortgage program you
are looking for, AAXA has got you covered.
Other Jumbo
Mortgage Programs to Consider:
1
and 2 Year Jumbo Adjustable Rate Mortgage
3
Year Jumbo ARM & 5 Year Jumbo ARM Programs
7
Year & 10 Year Jumbo Adjustable Rate Mortgage
15
Year Jumbo Loan
30
Year Jumbo Mortgage
30
Year Jumbo Mortgage Interest Only
