5/1 ARM Mortgage Programs

If you are planning on being in your home for 5-7 years, then it may make sense to consider a 5 year adjustable rate mortgage from American Bank. 5 year ARM products offer a low introductory rate that remains fixed for the first 60 months of a 30 year amortizing mortgage. After the introductory period comes to a close, the rate then begin to adjust up or down based upon the loan's caps, margins, and the current rate of the index which the mortgage is tied to. Sound confusing? It doesn't have to be. The Mortgage Bankers at American Bank can help you understand the potential benefits and risks associated with 5/1 ARM programs. Call them today to learn about their great rates and adjustable rate loan products - 877-215-2290.

Contacting American Bank About a 5/1 ARM:

Speak directly with an American Bank Mortgage Banker - 877-215-2290.
Request 5 Year ARM rates using the Rate Quote Form on this page.
Start the Pre-Qual process online.

Family in home that is being built. 5/1 ARM information.

WHY CONSIDER A 5 YEAR ADJUSTABLE RATE MORTGAGE?

Low 60 month introductory rate can equal significant short term savings.
Set caps limit the amount of risk. Ask an American Bank loan advisor for details.

Girl pulling teddy bear from moving boxes.

WHO SHOULD CONSIDER A 5 YEAR ARM?

Someone who plans on being in his/her property for less than 5-7 years or a homeowner or home buyer who feels very confident that he or she will be in a strong position to refinance when and if their loan begins to adjust upwards.

Please provide the following information to get started on your quote.

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10 Year Fixed
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3 Year ARM
5 Year ARM
7 Year ARM

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