Is an Adjustable Rate Mortgage Right for You?

Is an Adjustable Rate Mortgage Right for You?

See how you can benefit from lower mortgage rates in Easton, Fairfield or Stamford CT

When financing a home, it's important to understand your mortgage options and choose the best loan program for your situation. While different mortgage rates have different benefits, you want to make an educated decision that will save you the most money in the long term.

When you choose PFS, Inc. to help you choose a home loan, we'll discuss all the details of an adjustable rate mortgage (ARM) with you so you can make a confident decision. Contact us today to learn more about adjustable rate mortgages in Easton, Fairfield or Stamford CT.

Discover the benefits of an adjustable rate mortgage

Choosing the right loan program is a big decision. Luckily, PFS, Inc. is available to simplify the process as much as possible. When choosing the right program, you'll want to understand the benefits of adjustable rate mortgages so you can find out if one the right choice for you.

An adjustable rate mortgage:

  • Is ideal for buyers that are unsure of how long they'll live in a home
  • Will potentially save you more money than a fixed-rate mortgage
  • Is offered at 3-, 5-, 6-, 7-, 10- and 15-year timespans
  • Allows you to benefit from falling mortgage rates without refinancing
  • Gives you more opportunity to save money and invest elsewhere
While the most popular adjustable rate mortgage is a 5/1 ARM mortgage, that doesn't necessarily mean it's the best choice for you. If you do not plan on owning your home very long, an ARM mortgage is a great alternative.

Save money by choosing an adjustable rate mortgage in Easton, Fairfield or Stamford CT. Call PFS, Inc. today to discuss which ARM mortgage is right for you.