Your Personal     
Home Mortgage     
Quote Company!
     
   


Adjustable Rate Loans!




Get the California Mortgage Loan
you want and need TODAY!
 

Apply on-line for a FREE loan quote!

CLICK HERE!



California Mortgage & Home Equity
Loans, Co.'s
Web site makes it easy
for you to locate these lenders via our
"Loan Quote" form.



Adjustable rate mortgages (ARM) offer lower initial interest rates than fixed-rate mortgages. But after an initial period, those rates are adjusted to follow the market. Monthly payments on this type of loan can go up or down as the market conditions change. There are ceilings, or "rate caps", on the amount the interest rate can rise or fall to protect you in times of extreme rate fluctuation.

You might consider an adjustable-rate mortgage if you:

  • Need lower initial payments.
  • Have a small income but expect to earn more in the future.
  • Plan to live in your home for only a short time.

6-Month ARM
A 6-month ARM offers an initial interest rate for the first 6 months, and can be adjusted every 6 months thereafter based on the applicable index.

3/6-Month ARM
A 3/6-month ARM's initial rate is effective for 3 years, and can be adjusted every 6 months thereafter based on the applicable index.

1, 5, and 7 Year ARM
These mortgages maintain an initial interest rate for 1, 5, or 7 years, and can be adjusted every year thereafter based on the market conditions.

Find out more about "Other Mortgages Rates" and compare loan options and benefits!



Use our quote form, a mortgage feature on California Mortgage & Home Equity Loans, Co. to locate a lender in your area offering the mortgage product that best suits your needs. The independent lender you select will work with you to help find a low-cost mortgage that meets your needs. Apply today!