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Dollar Bank offers adjustable rate mortgages (ARMs) that allow you to lock in a low, fixed rate for up to five years with loan amounts up to $750,000. Then, after the fixed rate period ends, your rate changes to a one-year adjustable rate. The greatest feature of the ARM is the low lock-in rate that helps you build the house of your dreams with an affordable monthly payment.
Don't forget that if your existing home is for sale, you may be able to apply the equity in that home toward a down payment on your new home.
For more details on our Fixed and Adjustable Rate Mortgages, click here.
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