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Adjustable Rate Mortgages (ARM)

What is an Adjustable Rate Mortgage (ARM)?

An Adjustable Rate Mortgage (ARM) is a home loan with an interest rate that can change periodically based on market conditions. Typically, ARMs start with a lower fixed rate for an initial period (e.g., 5, 7, or 10 years) and then adjust annually thereafter.

Who is This Loan Best For?

ARMs are ideal for:

  • Short-Term Homeowners: Planning to move or refinance before the fixed period ends.

  • Budget-Conscious Buyers: Looking for low initial payments.

  • Financially Flexible Borrowers: Comfortable with potential rate changes.

Features of Adjustable Rate Mortgages

Lower Initial Interest Rates

Initial fixed-rate period offers lower rates and payments than fixed mortgages.

Potential for Savings

If interest rates remain low, ARMs can cost less over time.

Rate Caps for Protection

Limits on how much the rate can increase annually and over the life of the loan.

Flexible Terms

Choose from 5/1, 7/1, or 10/1 ARMs based on your needs and timeline.

Possibility starts here

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Client testimonials

What They Say About Us

Sarah M.
"Working with NEXA Mortgage was a game-changer. As a first-time homebuyer, I was nervous about the process, but they were so patient, explaining every detail and helping me find a loan that fit my budget. They truly made me feel like family. I’d recommend them to anyone!"
Kevin L.
"I was looking to refinance, but I’d been putting it off because of all the paperwork. NEXA Mortgage took care of everything and got me an incredible rate! The whole experience was straightforward, quick, and stress-free. I’m saving over $200 a month on my mortgage now!"
Luis G.
"I’d heard horror stories about mortgage brokers, but NEXA Mortgage changed my mind. They found me a great deal on my mortgage, and the whole team was responsive, friendly, and genuinely invested in helping me close on my dream home. I’m beyond grateful!"
Amy T.
"NEXA Mortgage turned what I thought would be a long, confusing process into a breeze. They answered all my questions, gave me solid advice, and were with me every step of the way. Thanks to them, I’m officially a homeowner! Can’t thank them enough."
Marcus J.
"As a veteran, finding a loan that respected my service was important to me. NEXA Mortgage guided me through every VA loan benefit, securing terms that worked for me and my family. This team knows their stuff and respects their clients – highly recommend!"
Jasmine H.
"I had some credit challenges, but NEXA Mortgage didn’t treat me any differently. They found options that other lenders didn’t and walked me through ways to improve my credit. Thanks to them, I’m a homeowner – something I didn’t think was possible!"