10 Year Adjustable Rate Mortgage


This 10 Year Adjustable Rate Mortgage product has a fixed rate for the first 10 years of the loan and then adjusts annually thereafter. The interest rate for the 10 Year Adjustable Rate Mortgage is determined by a combination of an index and margin. Interest rates on 10 Year Adjustable Rate Mortgages are typically a bit higher than some of the shorter term ARM products. This product is available on owner occupied, second homes, and investment properties.