Reduce Risk

Adjustable Rate Mortgages (ARMs) are popular choices because they sometimes provide lower interest and monthly payments compared to fixed-rate loans. However, in a volatile market, ARM interest rates are less predictable.

To reduce the risk of rising interest rates, you can refinance your ARM to a fixed-rate loan. While you may pay a slightly higher rate and monthly payment, you'll reduce your overall risk.

Ask your Loan Consultant for other loan programs that might be appropriate for your particular situation.