Thursday, October 17, 2019
|
House value eppraisal


We offer the lowest
monthly mortgage insurance
in the industry


MLO: 10046034

Ted

Ted Gehrke

Director of Mortgages

ND Lic # NDMLO240314
NMLS #240314
House value eppraisal


We offer the lowest
monthly mortgage insurance
in the industry


MLO: 10046034

Ted

Ted Gehrke

Director of Mortgages

ND Lic # NDMLO240314
NMLS #240314

Adjustable Rate Mortgages (ARMs)

These loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home.

However, the interest rate changes at specified intervals (for example, every year) depending on changing market conditions; if interest rates go up, your monthly mortgage payment will go up, too. However, if rates go down, your mortgage payment will drop also.

There are also mortgages that combine aspects of fixed and adjustable rate mortgages - starting at a low fixed rate for seven to ten years, for example, then adjusting to market conditions. Ask your mortgage professional about these and other special kinds of mortgages that fit your specific financial situation.

CO Direct: 720-775-9866 |
Desert Equity Lending, LLC. MB-0906989 | 9856 E. Aster Dr., Scottsdale AZ 85260
NMLS 177369
LoanProfessionals.com All Rights Reserved.

CO Direct: 720-775-9866 |
Desert Equity Lending, LLC. MB-0906989 | 9856 E. Aster Dr., Scottsdale AZ 85260
NMLS 177369
LoanProfessionals.com All Rights Reserved.