For many people in a variety of situations, an ARM is the right mortgage choice, particularly if their income is likely to increase in the future or if they only plan on being in the home less than five to seven years.
Want flexibility and stability in one? On average, most people move or refinance every five-to-seven years.
Want more information on other low down payment options?
We also have additional adjustable mortgage loans such as the 3|1 ARM, 5|1 ARM and 7|1 ARM. Like the 5|5 Mortgage you'll enjoy low, locked-in payments for 3 years, 5 years or 7 years, then an adjustment every year after that.
 The rate on this mortgage can change every five years. Available mortgage rates and terms are subject to change at any time. Maximum loan amount $2 million. Available only in properties located in California or North Carolina. Other restrictions apply.