1/1 ARM - 1 Year Adjustable Rate Mortgage
Daylight Discount Mortgage offers a 1/1 ARM at highly competitive rates. We are experienced in dealing with 1 Year Adjustable Rate Mortgages and matching this program for the right people. The 1 Year ARM Calculator will allow you to calculate the payments you can expect with an adjustable rate.
1 Year Adjustable Rate Mortgage Tips
If you plan to move within one year, a 1/1 ARM could be right for you. Also, this program is perfect if you plan on purchasing a home for Real Estate Investment purposes.
Live in an area of high appreciation? An Option ARM could save you thousands of dollars! Just ask one of our loan advisors at 1-877-256-5681 if the Flex Option ARM is right for you.
What is a 1/1 ARM?
A 1/1 ARM Is an adjustable-rate mortgage that has an initial interest rate for year one, then has an adjustment interval of one year. Each annual rate adjustment is based on another rate -- usually the yield on a Treasury note.
Why choose a 1 Year Adjustable Rate Mortgage (ARM)?
Interest-savings in the short-run compared to comparable fixed-rate loans.
If you need a very low ARM rate and plan to be in your home for a small period of time, a 1 year ARM could be the perfect Adjustable Rate Mortgage for you.
Convertible 1 Year ARM (Adjustable Rate Mortgage) Overview
- Loan values up to $650,000 (Jumbo Loan)
- Loan-to-value and driven by your Credit Score (FICO).
- Increase profits through increased available cash flow due to the low payments.
- Invest for your future. Real Estate investments with ARMs can save you thousands of dollars.
- Available for primary residence, secondary residence, and investment property.
- Cash Out Refinancing often available.
- Extend your Lock by up to 360 days with minimal adjustments.
Give Daylight Discount Mortgage a call at 1-877-256-5681 to speak with a mortgage expert who can help you determine if a 1/1 ARM is the right loan product for you!
Alternatively, you can fill out the Low Rate Quote form on the left for a free 1 year arm rate quote.
Other Adjustable Rate Mortgage Loan Options to Consider
Flex Option ARM (Adjustable Rate Mortgage) with 15 year, 30 year, or 40 year amortization periods.
Adjustable Rate Mortgage
2 Year Adjustable Rate Mortgage
3 Year Adjustable Rate Mortgage
5 Year Adjustable Rate Mortgage
7 Year Adjustable Rate Mortgage
10 Year Adjustable Rate Mortgage
Convertible ARMs - low fixed rate conversion for first 5 Years (60 Months)
