Rates shown are for informational purposes only. Actual payments may be greater. Certain rate and/or point adjustments may apply depending on loan features, market adjustments, and borrower’s credit. Maximum Loan-to-Value (LTV) will vary by product. All rates and points are subject to change without notice. No rate is guaranteed until there is a valid rate lock. Additional restrictions and conditions may apply.
5/6, 7/6, 10/6 ,and 5/5 Adjustable-Rate Mortgage (ARM) rates are variable, may increase or decrease during the life of the loan, and are indexed to the 30-day Average Secured Overnight Financing Rate (SOFR) with a margin of 2.50%. ARM loans are amortized over a 30-year term. 5/6 ARMs are fixed for the first 5 years, subject to change every 6 months thereafter. 7/6 ARMs are fixed for the first 7 years, subject to change every 6 months thereafter. 10/6 ARMs are fixed for the first 10 years, subject to change every 6 months thereafter. 5/5 ARMs are fixed for the first 5 years, subject to change every 5 years thereafter.