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1 Adjustable-Rate Mortgage (ARM) Glossary - Terms, Definitions
http://www.mortgagesfinancingandcredit.org/mortgages/adjustable-rate-mortgages/mortgage-glossary-arm7.htm
A mortgage for which the interest rate is not fixed, but changes during the life of the loan in line with movements in an index rate. When rates change, ARM ...
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2 What Is An Adjustable-Rate Mortgage?
https://www.rocketmortgage.com/learn/adjustable-rate-mortgage
An adjustable-rate mortgage, also called an ARM, is a home loan with an interest rate that adjusts over time based on the market. ARMs typically ...
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3 What Is An Adjustable-Rate Mortgage (ARM)? | Quicken Loans
https://www.quickenloans.com/learn/understanding-adjustable-rate-mortgages-arm-basics
An adjustable-rate mortgage (ARM), or variable-rate mortgage, is a loan type with an interest rate that varies throughout the loan's life.
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4 What Is an Adjustable-Rate Mortgage? - NerdWallet
https://www.nerdwallet.com/article/mortgages/adjustable-rate-mortgage-arm
An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that adjusts over time. Find out when ARMs are — and aren't — a ...
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5 What Is An Adjustable-Rate Mortgage? - Bankrate
https://www.bankrate.com/mortgages/basics-of-adjustable-rate-mortgages/
An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments ...
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6 Adjustable-rate mortgage - Wikipedia
https://en.wikipedia.org/wiki/Adjustable-rate_mortgage
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted ...
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7 Considering an Adjustable-Rate Mortgage? Here's What You ...
https://myhome.freddiemac.com/blog/homeownership/considering-adjustable-rate-mortgage-heres-what-you-should-know
How Do ARMs Work? ... An adjustable-rate mortgage (ARM) is a loan with an interest rate that will change throughout the life of the mortgage. This ...
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8 Adjustable Rate Mortgage (ARM) Explained - Chase Bank
https://www.chase.com/personal/mortgage/education/financing-a-home/adjustable-rate-mortgage
Adjustable-rate mortgage defined ... An adjustable-rate mortgage (ARM) is a loan where the interest rate is fixed for a specific amount of time, then adjusts ...
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9 ARM assumbility - Mortgage Glossay Terms
https://safemloexam.com/mortgage-definitions/arm-assumbility
Mortgage Glossary Term ARM assumbility ... Some ARM products feature "assumability" to a qualified applicant. The assumability of an ARM loan may make it more ...
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10 ARM- Adjustable Rate Mortgage - Defined
https://www.usvm.com/mortgage-terms/ARM-Adjustable-Rate-Mortgage
An Adjustable Rate Mortgage (ARM) has a flexible interest rate that is typically charged once a year. ARM's have a lower introductory rate than fixed rate ...
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11 Online Mortgage Glossary: Basic Mortgage Terminology
https://www.mortgagecalculator.org/helpful-advice/mortgage-terminology.php
Adjustable Rate Mortgage - an adjustable rate mortgage, known as an ARM, is a mortgage that has a fixed rate of interest for only a set period of time, ...
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12 Adjustable rate mortgage Definition & Meaning
https://www.merriam-webster.com/dictionary/adjustable%20rate%20mortgage
The meaning of ADJUSTABLE RATE MORTGAGE is a mortgage having an interest rate which is usually initially lower than that of a mortgage with ...
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13 ARM Loan Definition: 297 Samples - Law Insider
https://www.lawinsider.com/dictionary/arm-loan
ARM Loan . A Mortgage Loan, if any, the Mortgage Interest Rate of which is subject to periodic adjustment in accordance with the terms of the related Mortgage ...
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14 Mortgage Terminology Defined - Hawaii.gov
https://files.hawaii.gov/dcca/reb/real_ed/re_ed/ce_prelic/mortgages_terminology_defined_-_final.pdf
Adjustable Rate Mortgage (ARM). A loan whose interest rate, and accordingly monthly payments, fluctuate over the period of the loan.
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15 Define Mortgage Industry Terms for Home Buyers
https://www.discover.com/home-loans/mortgage-glossary/
The time between changes in the interest rate and monthly payments on an ARM. Agent. One that acts for or represents another. Agreement of sale. Also known as a ...
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16 Adjustable Rate Mortgage (ARM) - Definition - Zillow
https://www.zillow.com/mortgage-learning/glossary/adjustable-rate-mortgage-arm/
A mortgage loan with payments usually lower than a fixed rate initially, but is subject to changes in interest rates. There are a variety of ARMs that can ...
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17 Mortgage Terms and Definitions - Box Home Loans
https://www.boxhomeloans.com/mortgage-tools/mortgage-terms-and-definitions/
ARM stands for Adjustable Rate Mortgage. The interest rate is fixed for the first 60 months. Then will adjust once every 12 months after that. Amortized over ...
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18 Adjustable-rate mortgage Definition & Meaning - Dictionary.com
https://www.dictionary.com/browse/adjustable-rate-mortgage
Adjustable-rate mortgage definition, a mortgage that provides for periodic changes in the interest rate, based on changing market condtions.
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19 glossary-and-terms.pdf - FDIC
https://www.fdic.gov/resources/bankers/affordable-mortgage-lending-center/guide/part-3-docs/glossary-and-terms.pdf
61 | FDIC | Affordable Mortgage Lending Guide. Glossary & Terms. ACRONYMS ... TERMS. Adjustable-rate mortgage (ARM): A mortgage loan.
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20 Mortgage Glossary
https://mortgage.boaa.com/MortgageGlossary.html
The period elapsing between adjustment dates for an adjustable-rate mortgage (ARM). Amortization. The gradual repayment of a mortgage loan, both principle and ...
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21 Adjustable Rate Mortgage - Glossary
https://www.mortgagesanalyzed.com/gyan/glossary/adjustable-rate-mortgage
A mortgage loan in which the interest rate adjusts periodically based upon the movements of a pre-determined index or reference rate. ... ARMs allows the lender ...
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22 ARM (Adjustable Rate Mortgage) Definition - Shmoop
https://www.shmoop.com/finance-glossary/arm.html
The key letter in ARM is A, and it stands for adjustable, as in Adjustable Rate Mortgage. Most mortgages have a fixed interest rate.
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23 Glossary and Definitions for Mortgage Terminology
https://www.ent.com/education-center/mortgage-resources/mortgage-glossary-page/
An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can change, usually in relation to an index interest rate.
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24 Adjustable rate mortgage and arm loan definition USA
https://www.fairway-newengland.com/adjustable-rate-mortgage/
Adjustable Rate Mortgage Definition – Providing Flexibility for Homeowners ... An adjustable-rate mortgage (ARM) is a loan term option with interest rates that ...
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25 Mortgage Glossary - URW Community Federal Credit Union
https://www.urwfcu.org/Personal-Services/Mortgage-Resources/Mortgage-Glossary
An adjustable-rate mortgage (ARM) with monthly payments that are sufficient to liquidate the remaining principal balance over the amortization term. Gain - Top
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26 Glossary of Mortgage & Lending Terms - Bank of America
https://www.bankofamerica.com/mortgage/glossary/
Adjustable-rate mortgage (ARM). A mortgage in which your interest rate and monthly payments may change periodically during the life of the loan, based on the ...
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27 Mortgage Glossary for Home Loan Terms
https://www.wbm.com/mortgage-glossary/
Adjustable-Rate Mortgage (ARM). A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate.
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28 Adjustable-Rate Mortgage (ARM) - Redfin
https://www.redfin.com/definition/adjustable-rate-mortgage
Definition of Adjustable-Rate Mortgage (ARM) ... An adjustable-rate mortgage (ARM) is a mortgage loan in which the interest rate is not fixed but instead is ...
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29 Mortgage Terms and Glossary - Milend
https://milend.com/morgage-glossary/
An ARM mortgage loan is characterized by interest rates that automatically adjust or fluctuate, depending on certain market indexes. An ARM loan will start with ...
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30 What is an ARM loan? | LendingTree
https://www.lendingtree.com/home/mortgage/what-is-an-arm-loan/
An ARM mortgage is a home loan with an interest rate that can change. Adjustable-rate mortgages (ARMs) may start with lower interest rates ...
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31 Mortgage Glossary with All the Latest Terms
https://firsthome.com/mortgage-glossary/
Adjustable Rate Mortgage (ARM). A mortgage in which the interest rate is adjusted periodically based on an index. Also called a variable rate mortgage.
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32 Mortgage Definitions - AmWest Funding
https://www.amwestfunding.com/Mortgage-Definitions
Adjustable-Rate Mortgage (ARM). An adjustable-rate mortgage, is a type of mortgage in which the interest rate applied on the outstanding balance varies ...
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33 Mortgage Glossary
https://www.mtgprofessor.com/glossary.htm
A mortgage on which the interest rate, after an initial period, can be changed by the lender. While ARMs in many countries abroad allow rate ...
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34 Glossary of Mortgage Terms – NFDM
https://nfdm.org/housing-counseling/glossary-of-mortgage-terms/
Adjustable Rate Mortgage (ARM): A mortgage in which the interest rate is adjusted periodically according to a pre-selected index.
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35 Glossary of Mortgage Terms
https://mortgageequitypartners.com/glossary-of-mortgage-terms/
An adjustable rate mortgage (ARM) that allows a borrower to switch to a fixed-rate mortgage at a specified point in the loan term. co-signer: One who is ...
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36 Mortgage Glossary | Priority Home Lending, LLC
https://www.houseloan.com/priorityhomelending/mortgage-tips-resources/glossary.html
Mortgage Glossary · Adjustable-Rate Mortgage (ARM) - A mortgage with an interest rate that changes periodically, according to an index that is selected when the ...
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37 Glossary of Homeownership and Mortgage Terms | Better
https://better.com/glossary
An adjustable-rate mortgage (ARM) is a loan that offers an initial period of fixed interest that then resets at a specified interval. Typically, you'll see an ...
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38 Glossary - Old Second Bank
https://www.oldsecond.com/resources-services/glossary/
Adjustable-Rate Mortgage (ARM) — The distinguishing characteristic of an ARM is that its interest rate will change during the life of the loan based on the ...
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39 Mortgage Glossary: Cherry Creek Mortgage Company
https://www.cherrycreekmortgage.com/borrowers/glossary
A home loan with an interest rate that changes periodically. In many instances, ARMs start with lower interest rates than fixed-rate mortgages, although this ...
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40 Search Common Mortgage Terms in our Glossary
https://www.amerifirst.com/resources/glossary
That index reflects the cost to the lender of borrowing on the credit markets. The loan may be offered at the lender's standard variable rate/base rate. An ARM ...
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41 Mortgage Dictionary: Key Terms You Should Know Before ...
https://www.thetruthaboutmortgage.com/mortgage-dictionary/
Adjustable-Rate Mortgage (ARM) – a mortgage with a variable interest rate, which adjusts monthly, biannually, or annually. Option-arms and hybrid mortgages ...
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42 Mortgage Glossary: Common Mortgage Terms Defined
https://www.freedommortgage.com/glossary
A · Adjustable-Rate Mortgage (ARM). A type of mortgage in which the interest rate on the note varies throughout the life of the loan. · Amortization. Repayment of ...
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43 Mortgage Glossary
https://www.domainmortgage.com/MortgageGlossary.html
Adjustable-Rate Mortgage (ARM): A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate.
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44 Mortgage Glossary - American California Financial Services, Inc.
https://www.american-california.com/MortgageGlossary.html
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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45 Mortgage Glossary | Mortgage Term Definitions Explained
https://www.fedmc.com/glossary-htm/
Adjustable Rate Mortgage, or ARM, Mortgage in which the rate of interest is adjusted based on a standard rate index. Most ARMs have caps on how much the ...
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46 Mortgage Terms and Glossary | NextAdvisor with TIME
https://time.com/nextadvisor/mortgages/mortgage-glossary/
Usually seen on adjustable-rate mortgages, the margin on a loan is an additional amount of interest that lenders may charge on top of an ARM's ...
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47 ARM Mortgage Terminology - Find Answers
https://trustmark.custhelp.com/app/answers/detail/a_id/438/~/arm-mortgage-terminology
The ARM is an Adjustable Rate Mortgage. Depending on whether you get your mortgage on a 1, 3 or 5 ARM the mortgage rate will be fixed for ...
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48 Glossary of Mortgage Terms - Enact Mortgage Insurance
https://content.enactmi.com/documents/training/course/Acronyms.TermsGlossary.0820.pdf
Adjustable Rate Mortgage (ARM)***: A mortgage loan that permits the lender to periodically adjust the interest rate on the basis of changes in a specified ...
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49 Mortgage Glossary - Helms Mortgage LLC NMLS 1283399
https://www.helmsmortgage.com/MortgageGlossary.html
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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50 Mortgage Industry Glossary - Common Mortgage Terms
https://www.theceshop.com/mortgage/mortgage-essentials/mortgage-encyclopedia/mortgage-terms
An adjustable-rate mortgage (ARM) has a variable interest rate that adjusts with the market so that your monthly, quarterly, or yearly mortgage payments ...
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51 Mortgage Terms Glossary
https://crosscountrymortgage.com/resource-center/faq/glossary-of-mortgage-terms/
The frequency (in months) of payment and/or interest rate changes in an adjustable rate mortgage (ARM). Closing: Closing refers to the transfer of ownership ...
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52 Mortgage Glossary
https://www.brphomemortgage.com/mortgage-glossary
adjustable-rate mortgage (ARM). A mortgage whose interest rate changes periodically based on the changes in a specified index. adjustment date. The date on ...
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53 Mortgage Glossary | Common Home Buying Terms
https://www.homebridge.com/resources/mortgage-glossary/
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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54 B2-1.4-02, Adjustable-Rate Mortgages (ARMs) (10/05/2022)
https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B2-Eligibility/Chapter-B2-1-Mortgage-Eligibility/Section-B2-1-4-Loan-Amortization-Types/1032991911/B2-1-4-02-Adjustable-Rate-Mortgages-ARMs-12-16-2020.htm
Once the ARM plan converts to a fixed-rate loan, the mortgage is no longer assumable. Any other special conditions. Disclosures Regarding ...
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55 Mortgage Dictionary
https://www.dhimortgage.com/Resources/Homebuyer-Education/Before-You-Buy/Mortgage-Dictionary
An ARM, or Adjustable Rate Mortgage, is a type of loan that has a fixed rate for 5, 7, or 10 years and then adjusts periodically – which can cause the ...
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56 Mortgage Term Glossary - Assurance Financial
https://assurancemortgage.com/mortgage-term-glossary/
Adjustable-Rate Mortgage (ARM) ... An adjustable-rate mortgage has an interest rate that can change over the term of the loan. Often, the mortgage has an ...
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57 Glossary Of Home Loan Terms - Mortgage Glossary
https://grandviewlending.com/mortgage-glossary/
A mortgage with an interest rate that can adjust at pre-determined intervals. An ARM loan is typically fixed for the first 2, 3, 5, 7 or 10 years and can adjust ...
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58 APRs, ARMs and other mortgage terms - Tampa Bay Times
https://www.tampabay.com/features/homeandgarden/aprs-arms-and-other-mortgage-terms/2166592/
ARM, adjustable-rate mortgage: A mortgage loan with an interest rate that periodically changes. APR, annual percentage rate: The yearly interest ...
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59 GLOSSARY OF MORTGAGE TERMS
https://meyermortgagecorp.com/glossary-of-commonly-used-mortgage-terms/
Adjustable rate mortgages (ARMs) are secured by your principal residence. The interest rate varies, based on a published financial index, plus a margin ...
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60 FHA Adjustable Rate Mortgage - HUD - HUD
https://www.hud.gov/program_offices/housing/sfh/ins/203armt
An ARM is an Adjustable Rate Mortgage. Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the interest rate ...
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61 Mortgage Terms & Finance Related Terminologies
https://www.mortgageloan.com/finance-glossary-terms
A 1-year ARM (adjustable-rate mortgage) refinance is a type of mortgage loan that replaces an existing mortgage loan. The new debt has an initial interest rate ...
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62 Mortgage glossary - Prosperity Home Mortgage, LLC
https://www.phmloans.com/mortgage-glossary
An adjustable-rate mortgage (ARM) is a loan with interest rates that are adjusted periodically based on changes in a pre-selected index.
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63 Mortgage Terms Glossary - Gardner Financial Services
https://gardnerfs.com/mortgage-terms-glossary/
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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64 Mortgage Glossary - PMG Funding
https://pmg-funding.com/education/mortgage-glossary/
ARM: Adjustable Rate Mortgage; a mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at ...
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65 Mortgage Glossary - Words That We Use
https://blackdiamondmortgage.com/mortgage-glossary-words-that-we-use/
Adjustable-Rate Mortgage (ARM) A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate. · Adjustment ...
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66 Mortgage Glossary - American Bank
https://www.ambk.com/personal/mortgages/mortgage-glossary/
This refers to the original interest rate of the mortgage at the time of closing. This rate changes for an adjustable-rate mortgage (ARM). It's also known as " ...
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67 adjustable rate mortgage (ARM) | Wex - Law.Cornell.Edu
https://www.law.cornell.edu/wex/adjustable_rate_mortgage_(arm)
Adjustable rate mortgage (ARM) is a type of mortgage whose interest changes over time. In contrast, fixed rate mortgages made for 15, 20, or 30 years have a ...
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68 Mortgage Terminology and Definitions - American Financing
https://www.americanfinancing.net/mortgage-basics/mortgage-terminology
Adjustable-rate mortgage (ARM). Is a mortgage in which the interest rate is adjusted periodically based on a pre-selected index. Also sometimes known as the ...
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69 Mortgage Glossary
https://vermontmortgagecompany.com/mortgage-tools/mortgage-glossary/
Adjustable-Rate Mortgage (ARM) – a mortgage with a variable interest rate, which adjusts monthly, biannually, or annually. Option-arms and hybrid mortgages ...
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70 Mortgage Glossary - Main Street Home Loans
https://mainstreethomeloans.com/wp-content/uploads/NFMLendingMortgageGlossary.pdf
Here are a few commonly used mortgage terms: • Adjustable Rate Mortgage (ARM). An ARM, also known as a Variable Rate Mortgage, is a loan whose interest rate is ...
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71 Mortgage Glossary - BankTennessee
https://www.banktennessee.com/mortgage/mortgage-glossary
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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72 Mortgage Glossary
https://www.firstequityonline.com/MortgageGlossary.html
Adjustable-Rate Mortgage (ARM) - A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate.
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73 Most Common Terms Used in Mortgages & Loan Processes
https://www.moneygeek.com/mortgage/resources/glossary-of-terms/
ADJUSTABLE-RATE MORTGAGE (ARM). With an ARM, the interest rate changes at a certain point, typically after three to five years. The interest ...
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74 Glossary of Mortgage Terms
https://www.vantagemortgagegroup.com/glossary-mortgage-terms/
a type of mortgage loan characterized by interest rates that automatically adjust or fluctuate in concert with certain market indexes. Generally an ARM begins ...
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75 Defining Mortgage Terms: ARM or Adjustable Rate ... - YouTube
https://www.youtube.com/watch?v=RgoOPrwP0go
How do arms work?
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76 Glossary of Mortgage Terms - Heritage Home Loans
https://www.hhlnorthwest.com/glossary/
An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can change, usually in relation to an index interest rate. Your monthly payment ...
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77 1 Mortgage Glossary - Coast2Coast Lending
https://www.coast2coastlending.com/wp-content/uploads/2016/08/Mortgage_Glossary.pdf
Mortgage Glossary. Adjustable Rate Mortgage (ARM):. Mortgage loans under which the interest rate is periodically adjusted based upon terms agreed to at the ...
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78 Mortgage Glossary - Fidelity Bank
https://www.fidelitybankonline.com/mortgageglossary/
An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can change, usually in relation to an index interest rate. Your monthly payment ...
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79 Mortgage Glossary
https://ogimb.com/helpful-links/mortgage-glossary/
Adjustable Rate Mortgage (ARM): Mortgage loans under which the interest rate is periodically adjusted based upon terms agreed to at the inception of the ...
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80 Mortgage Dictionary
https://mymortgageinsider.com/mortgage-dictionary/
Adjustable-Rate Mortgage – Also known as an ARM, adjustable-rate mortgages have a variable interest rate. This means that the mortgage rate will ...
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81 Mortgage Glossary | Home Loans - Envision Bank
https://www.envisionbank.com/home-loans/mortgage-glossary/
Adjustable-Rate Mortgage (ARM). A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate. Sometimes ...
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82 Reverse Mortgage Glossary
https://reverse-mortgage-colorado.net/resources/reverse-mortgage-glossary/
Adjustable-Rate Mortgage (ARM): A mortgage whose interest rate changes over time based on an index. · Adjustment Date: · Adjustment Interval: · Adjustment Period: ...
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83 Adjustable-Rate Mortgage (ARM) – What Is It & How To Apply
https://www.totalmortgage.com/blog/adjustable-rate-mortgage-arm-what-is-it-how-to-apply/43156
Adjustable-Rate Mortgage Definition. Adjustable-rate mortgages (ARMs) are mortgage loans with interest rates that can fluctuate and change ...
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84 Company Name Lending - Mortgage Glossary
https://www.annapolisfirst.com/MortgageGlossary.html
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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85 Mortgage Glossary - A.S.A.P. Mortgage Corporation
https://www.asapmortgageinc.com/tools-resources/mortgage-glossary/
Adjustable-Rate Mortgage (ARM): Also known as a variable-rate loan, an ARM usually offers a lower initial rate than a fixed-rate loan.
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86 Glossary of Mortgage Terms - KS StateBank
https://www.ksstate.bank/personal/lending-solutions/glossary-of-mortgage-terms/
A, Adjustable Rate Mortgage (ARM) A mortgage in which the interest rate is adjusted periodically based on an index. Also called a variable rate mortgage.
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87 Mortgage Glossary - Customers Bank
https://www.customersbank.com/personal-banking/mortgage-glossary/
Adjustable-Rate Mortgage (ARM). A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate. Sometimes ...
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88 Mortgagese 101: A Guide to Mortgage Terminology & Jargon
https://diamondvalleyfcu.org/blog/mortgagese-101-guide-mortgage-terminology-jargon
Adjustable-Rate Mortgage (ARM): A mortgage loan that does not have a fixed interest rate. During the life of the loan, the interest rate will change based ...
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89 Mortgage Terms Glossary
https://legacymutual.com/mortgage-terms-glossary/
An adjustable-rate mortgage (ARM) with a monthly payment that is sufficient to amortize the remaining balance, at the interest accrual rate, over the ...
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90 Mortgage Glossary Terms Beginning with A - AimLoan.com
https://www.aimloan.com/mortgage-glossary
An adjustable rate mortgage, commonly referred to as an ARM, is a loan type that allows the lender to adjust the interest rate during the term of the loan.
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91 Loan Terms - The Mortgage Firm
https://themortgagefirm.com/loan-terms
Adjustable-Rate Mortgage (ARM). A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate.
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92 Mortgage Terminology
https://www.mottomortgage.com/offices/premium-frederick/mortgage-basics/glossary/
Adjustable-Rate Mortgage (ARM) A mortgage in which the interest rate is adjusted periodically based on a pre-selected index. Also sometimes known as a ...
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93 Mortgage Glossary
https://findamortgagebroker.com/resources/mortgage-glossary
Adjustable-rate mortgage (ARM). A mortgage with an interest rate and payments that adjust at scheduled dates based on a pre-selected index. Adjusted gross ...
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94 Mortgage Glossary
https://www.firstcolonymortgage.com/glossary-term/a/
Adjustable rate mortgage (ARM). A mortgage on which the interest rate, after an initial period, can be changed by the lender. The initial rate for an ARM may be ...
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95 Mortgage Glossary - Guaranteed Financial
http://myguaranteedfinancial.com/mortgage-glossary/
Adjustable-Rate Mortgage (ARM) A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate.
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