We offer adustable rate mortgages for:
A traditional ARM (which includes Initial Fixed ARMs, Hybrid ARMs and Intermediate ARMs) is an adjustable interest mortgage that begins with an initial fixed rate period of three or five years. After this initial fixed period, the interest rate adjusts according to the LIBOR index.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.