Adjustable Rate Mortgages If the borrower plans to move in a few years and is looking for lower up-front payments an adjustable rate mortgage is a great option. Here are a few key benefits:
- Interest rates are initially lower than 30yr fixed rate programs
- Provides a lower initial monthly payment saving the borrower money every month
- Although payments may increase as rates fluctuate, there is a limit on the amount your interest rate can increase or decrease over time. For more information click here.
Contact: Contact us at 1-800-822-6761 , or find your local mortgage advisor by visiting https://tdbank.mortgagewebcenter.com/LoanOfficer/Search