7 Year ARM Programs

Do you plan on being in your property for more than 10 years? If you are like many American homeowners, there is a solid chance you won't be in one place for more than a decade. 7/1 ARM mortgages may offer you the ability to save money on mortgage payments over a 7-10 year period when compared to a 30 year fixed rate mortgage. 7 Year ARM products offer a low introductory rate period which remains fixed for the first 84 months of a loan. After the introductory period ends, the loan may then adjust up or down depending upon the loan's caps, margin, and the rate of the index which the loan is associated with. Before proceeding with an adjustable rate mortgage, always be sure to evaluate the potential benefits and risks. An American Bank mortgage professional can help you weigh your options so that you can make a well informed decision. Call them today at 877-215-2290 or simply use the Rate Quote Form on this page to submit a request for 7/1 ARM mortgage information. If you have a few extra minutes, you may jump-start the prequal process using their online prequalification form.

Please call 877-215-2290 for current 7 year adjustable mortgage rates and program information.

Nice family photo. Learn about 7 year ARM loans with American Bank.

CONSIDERING A 7/1 ARM?

Home buyers or homeowners who are planning on being in their homes for less than 7-10 years or those who want the short term savings of a 7 year adjustable rate mortgage and feel highly confident that they will be in a financial position to refinance when and if their mortgage begins to adjust to a higher interest rate. There are times when 30 year mortgage rates are actually lower than ARM rates so be sure to ask your Mortgage Banker for a rate comparison.

OTHER ARM PROGRAMS

3/1 ARM
5/1 ARM

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10 Year Fixed
15 Year Fixed
20 Year Fixed
25 Year Fixed

30 Year Fixed
3 Year ARM
5 Year ARM
7 Year ARM

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