CrossCountry Mortgage, LLC
4511 Allendale Drive,
White Bear Lake, Minnesota 55127 CLICK HERE TO EMAIL US
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Adjustable rate mortgages
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Several types of ARMs are available the most common being 3/1, 5/1, 7/1, and 10/1 ARMs. With an ARM, the first number represents the period during which your interest rate will be fixed. The second number represents how often your interest rate can change after the fixed period expires. So, in a 30-year 5/1 ARM, your interest rate would be the same for the first five years of your loan. After those five years, your interest rate can increase or decrease each year for the remaining 25 years of the mortgage.
American Mortgage & Equity Consultants
4511 Allendale Drive White Bear Lake Minnesota 55127
651-484-1474
jamie@jamielarkin.com
CrossCountry Mortgage began solely as a mortgage broker in Cleveland, Ohio in 2003. Our President and CEO Ronald J. Leonhardt, Jr. had the vision to become a nationwide full-service lender that could provide more to customers match them up with the perfect mortgage to suit their needs, provide knowledge and support every step of the way, and make their homeownership dreams possible and affordable.
CrossCountry Mortgage began solely as a mortgage broker in Cleveland, Ohio in 2003. Our President and CEO Ronald J. Leonhardt, Jr. had the vision to become a nationwide full-service lender that could provide more to customers match them up with the perfect mortgage to suit their needs, provide knowledge and support every step of the way, and make their homeownership dreams possible and affordable.
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