{"id":1068,"date":"2018-01-28T01:04:04","date_gmt":"2018-01-28T01:04:04","guid":{"rendered":"https:\/\/touringnewmexico.com\/mortgage\/?page_id=1068"},"modified":"2018-05-26T19:57:59","modified_gmt":"2018-05-26T19:57:59","slug":"adjustable-rate-mortgage","status":"publish","type":"page","link":"https:\/\/touringnewmexico.com\/mortgage\/loan-options\/adjustable-rate-mortgage\/","title":{"rendered":"Adjustable Rate Mortgage"},"content":{"rendered":"
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Adjustable Rate Mortgage<\/h1>\n

Get a FREE quote & save thousands of dollars on interest!<\/p>\n

\nGet My FREE Adjustable Rate Quote <\/i><\/a>Get My FREE Adjustable Rate Quote <\/i><\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n
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Why Choose Adjustable Rate Mortgage?<\/div>\n<\/div>\n
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<\/i> Pay less interest<\/h4>\n

Interest rate is discounted because terms are usually shorter than fixed rate.<\/p>\n<\/div>\n<\/div>\n

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<\/i> Lower monthly payment<\/h4>\n

Paying less interest puts money back into your pocket.<\/p>\n<\/div>\n<\/div>\n

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<\/i> Historically low rates<\/h4>\n

Locking in an adjustable rate now will save you thousands on interest.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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<\/i> Possible rate drop<\/h4>\n

If rates drop after your term is up then you’ll pay less in interest. <\/p>\n<\/div>\n<\/div>\n

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<\/i> Popular among investors<\/h4>\n

Extra cash on hand lets investors fund other projects.<\/p>\n<\/div>\n<\/div>\n

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<\/i> Short term plan<\/h4>\n

Perfect if you’re planning on moving or selling before the interest rate adjusts.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n

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How It Works<\/h2>\n<\/div>\n<\/div>\n<\/section>\n
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step one<\/div>\n<\/div>\n<\/div>\n
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Get pre-qualified<\/h3>\n

Know exactly how much home you can afford.<\/p>\n<\/div>\n<\/div>\n

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step two<\/div>\n<\/div>\n<\/div>\n
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Compare rates for free<\/h3>\n

Spend less money out of pocket.<\/p>\n<\/div>\n<\/div>\n

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step three<\/div>\n<\/div>\n<\/div>\n
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Lock in a low interest rate<\/h3>\n

The extra savings could go towards furniture, decorating or back into your pocket.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Get Started <\/i><\/a>
\n Get Started <\/i><\/a>\n<\/div>\n<\/section>\n

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Mountain River Mortgage<\/div>\n

Mortgage made simple.<\/h2>\n<\/div>\n

We walk you through different loan options and help you choose the right one for you \u2013 whether you\u2019re a first-time home buyer or a seasoned investor.<\/p>\n