| Author |
Message |
|
|
 stevecomish
Joined: 16 Sep 2009
Posts: 48
0.00 Dollars($)
|
 Posted: Sun Sep 27, 2009 11:39 pm Post subject: FHA Hybrid Adjustable Rate Loan |
|
|
| What is an FHA Hybrid Adjustable Rate Loan |
|
|
marklavender1
Joined: 13 Sep 2009
Posts: 120
-0.14 Dollars($)
|
| Posted: Mon Sep 28, 2009 12:45 am Post subject: |
|
|
The FHA hybrid adjustable rate mortgage loan is one of the best adjustable rate mortgages .
Hybrid ARMs are mortgages that have a fixed interest rate for an initial period of time, after which the rate adjusts annually based on a certain spread over an agreed upon index rate. |
|
|
frankmcdowell2000
Joined: 07 Sep 2009
Posts: 57
0.00 Dollars($)
|
| Posted: Wed Sep 30, 2009 6:17 am Post subject: |
|
|
hi steve,
welcome to the forum,
FHA Adjustable Rate Mortgage Loans are loans in which the interest rate will possibly change at some future date. The FHA Adjustable Rate (ARM) program has the standard 1 Year Arm and also the popular Hybrid Adjustable Rate Programs. |
|
|
