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A home loan with an interest rate that remains the same for the entire term of the loan. Adjustable-rate mortgage (ARM) Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London.
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Whether you’re a first-time homebuyer or an experienced homeowner, we can help with a new home construction loan or the purchase of an existing factory-built home! Refinance Refinancing your manufactured home can significantly lower your monthly payments and lower the interest rate on your mortgage.