Types of Standard ARMs

ARMs with different indexes are available for purchases and refinances. The interest rate and monthly payments varies on the change made on the index rate.

This program has a maximum interest rate adjustment of 1% every six months. This CD index usually reacts quickly to changes in the market.

Like the 6-Month CD ARM, this program has a maximum interest rate adjustment of 1% every six months. This program reacts slowly to the rapid changes in the market, therefore causes adjustments in the ARM interest rate to lag behind in some other market indicators.

This program has a maximum interest rate adjustment of 2% every 12 months. The Treasury Average reacts slowly to market fluctuation, therefore the ARM interest rate will lag behind some other market indicators.

This program has a maximum adjustment of 2% every 12 months. This program reacts slower than CD index but faster than Treasury Average.

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