An adjustable-rate mortgage (ARM) has an interest rate that fluctuates periodically.
Exception of no asset verification loans, lenders want to verify where the money for your new home will be coming from.
They are listed in the order that they should appear on a Good Faith Estimate you obtain from a mortgage lender.
Offering adjustable rates allows lenders to transfer part of the interest rate risk from themselves to the borrower.
I know that hard work, knowledge and dedication are required to earn my client's business, respect, and most importantly their trust. I would be honored to work with you in any real estate dealings.
320 Seward St., Suite A
Sitka, Alaska 99835
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