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3 and 5 Year Jumbo Adjustable Rate Mortgages
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| 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 typically 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.
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| Request a free 3 year arm mortgage
rate quote
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| Call us toll free at 877-RATE-LOW
(877-728-3569) for a consultation |
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3 Year Jumbo ARM and 5 Year Jumbo ARM Benefits:
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Low introductory rate fixed for three to five years
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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
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Stated
income options exist with many of our investors |
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Interest
only mortgage solutions |
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Applying for a 3 Year Jumbo Adjustable Rate Mortgage
& 5 Year Jumbo ARM
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| 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 secure
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.
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Find out more about some of our adjustable rate
mortgage programs:
10 Year Adjustable Rate Mortgage
7 Year Adjustable Rate Mortgage
5 Year Adjustable Rate Mortgage
2 Year Adjustable Rate Mortgage
1 Year Adjustable Rate Mortgage
1 and 2 Year Jumbo ARM
7
Year & 10 Year Jumbo Adjustable Rate Mortgage
Option
ARM
Convertible ARMs - free fixed rate conversion for first 60 monthsOption
ARM Mortgage
100% Interest only loans
30 year mortgage interest only
3 year interest only loan
5 year interest only mortgage loan
10 year and 7 year interest only mortgages
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