Adjustable Rate Mortgage Loans (ARM)

Benefits of Adjustable Loans

For clients who anticipate a significant increase in income or property value in the next several years, plan short-term stays in their home, or would like to significantly lower their mortgage payments, an adjustable rate mortgage loan may be the right option. As the name implies, ARMs have interest rates that change at a pre-determined interval.

  • 3/1, 5/1, 7/1, and 10/1 ARMs (Adjustable Rate Mortgage) available
  • The rate is fixed for only the first 3, 5, 7, or 10 years depending on the chosen loan program and then adjusts annually for the remaining term based on market conditions.
  • Monthly payments are based on a 30 year repayment schedule.
  • Starting interest rate may be lower than fixed rate loan
  • Potential payment savings can be used to pay down other debt
  • Great option for clients who intend to refinance or sell home in a certain period of time

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Helping First-Time Home Buyers & Homeowners Across Wisconsin

At Educated Mortgage Services, we provide expert mortgage solutions for first-time home buyers and all home purchasers across Wisconsin. Whether you’re looking for a low down payment option through WHEDA’s first-time home buyer programs or a conventional loan, we offer tailored financing solutions to meet your needs.

WHEDA loans provide affordable pathways to homeownership with down payment assistance and competitive rates, making it easier for first-time buyers to transition from renting to owning. Additionally, we offer conventional, FHA, VA, and jumbo loan options for those looking to refinance or purchase a new home.

Below are some of the cities we serve, but we aren't limited to these locations: