Adjustable Rate Loan (ARM)

A mortgage loan in which the interest rate may increase or decrease over the
Display Number:
612106
Total Votes: 5 / Interest: 725

A mortgage loan in which the interest rate may increase or decrease over the course of the loan depending on specific economic indicators. Differs from a fixed rate loan, where the interest rate remains the same throughout the loan term.

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Botts Title Company 109 Main Street, Sealy, Texas 77474 9798856800 Brendak@bottstitle.com

When you purchase a home, you are really purchasing the title to the property which is the right to occupy and use the space.