Loading...

HYBRID ARM HOME LOANS

A Hybrid ARM combines the features of both a fixed-rate loan and an adjustable-rate loan. It starts off like a fixed-rate mortgage, with the same interest rate for up to ten years. At the "reset date" (the date at which the mortgage changes from the fixed-rate to the adjustable-rate) it converts to an ARM, with the rate being adjusted every year for the remaining life of the loan. The interest rate is based on an index plus a margin.

Customers will be notified months ahead of their first interest rate adjustment and will receive a good-faith estimate of their new monthly payment, along with a list of alternatives they may pursue to head off the higher rate, including refinancing and renegotiation of loan terms.

Getting a home loan doesn't have to be daunting. At Catalyst Lending, we make the process streamlined, smart and even fun.

Looking for a mortgage calculator? Try this one.
Or do you want to talk to us to discuss your loan options? Contact us.

contact us for

more information

Fill out the form below or call us and a Loan Originator near you will reach out to answer any questions you may have, or assist you with the application process.

888-286-2676

Top