An adjustable-rate mortgage (ARM) has a varying interest rate applied on the outstanding balance over the course of the loan. Typically the initial interest rate for an ARM is fixed for a period of time, followed by periodic resets often every year or even monthly.
Understanding the details and nuances that make ARMs appealing can require the guidance of experienced experts familiar with the variables and current rates. Sunray’s loan experts provide the personal consultation to evaluate and explain what an ARM could offer you, along with our unique platform to make the loan process as painless as possible.
Could an adjustable-rate mortgage be right for you? Let Sunray be your guide through the loan process – from consultation to application to closing – we are your loan experts.
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