Adjustable Rate Mortgage (ARM)
To learn more about the rates and fees that apply to our adjustable rate mortgage loans, click to view CHARM Booklet and Early ARM Disclosures.
First Fed mortgage financing is only available for Washington State properties at this time. Need more information? Connect with one of our experienced Mortgage Loan Officers to discuss your options and guide you through this process.
Purchase: 7/1 Adjustable Rate Mortgage (ARM)
Apply NowLoan Type | Loan Type Interest Rate | APR | Discount Points | Ex: Loan Amount | Ex: Monthly Payment - 7 years | Ex: Monthly Payment - 23 years |
---|---|---|---|---|---|---|
7/1 ARM | 7.375%, first 7 years; then 1 year CMT + 3.00 adjusted annually for years 8-30 | 7.893% | 0.000 | $450,000 | $3,108.04 | $4.520.20 maximum P&I payment over the remaining 23 years |
Interest Rates Effective: 11/01/2024
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