Compare 3 Year ARM Rates with American Financial Resources

If you are looking for a short term financing solution then a 3 year adjustable rate mortgage may be worth considering. With a 3/1 ARM, your rate stays fixed for a three year introductory period before it begins to adjust according to the loan's margin and index. 3/1 ARM rates are often lower than 30 year mortgage rates and longer term adjustable rate mortgages. You will need to investigate current mortgage rates and then decide if the short term savings is worth the added risk. In recent years, there have been times when 3 year arm rates where higher than 30 year rates and 5/1 ARM rates so do not assume that a 3 year ARM is the best bet for keeping your payments to a minimum. If your primary goal is keeping your payments as low as possible, it may make more sense to consider an interest only loan. When you factor in how little of your payment goes towards principle reduction during the first few years of a loan (because of how loans amortize), an interest only mortgage maybe an even better alternative (although not all states allow interest only mortgages - be sure to ask your loan consultant for details). Contact American Financial Resources today to discuss whether a 3 year ARM might be right for you.

Request 3/1 ARM Rates (3 Options)

• Call 800-316-9508 to discuss 3 year adjustable mortgage rates and programs.
• Check 3 year arm mortgage rates using the Mortgage Quote Form on this page.
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