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Fixed & ARM Loans

Fixed Rate or ARM? We'll help you decide.

A mortgage is a 15 or 30 year commitment. The rate structure you pick early changes how much you pay for the life of the loan.

Talk to our team about your rate 302-600-3197

Fixed-Rate Mortgages

Your rate never changes. Your payment stays the same in year 1 and year 30. Good fit if you're staying put and want predictability.

  • Terms: 15, 20, or 30 year
  • Rate locked at closing
  • Best for buyers planning to stay 7+ years

Adjustable-Rate Mortgages (ARMs)

Lower rate for an introductory period, usually 5, 7, or 10 years. Then it adjusts based on the market.

  • Lower initial payment than fixed
  • Best for buyers who plan to sell or refinance before the adjustment period ends
  • Rate caps limit how much it can move each adjustment

Which one fits you?

If you're not sure how long you'll be in the home, or you want the lowest possible payment now, an ARM might make sense. If you want zero surprises for the next three decades, fixed is the safer play. Either way, we walk you through the real numbers before you sign anything.

Frequently asked

What is an ARM mortgage?+

An adjustable-rate mortgage carries a lower fixed rate for an introductory period (typically 5, 7, or 10 years), then adjusts periodically based on a market index. Rate caps limit how much your payment can move at each adjustment.

Is a fixed rate mortgage better than an ARM?+

It depends on your timeline. If you plan to stay in the home 7+ years and want zero surprises, fixed is the safer play. If you plan to sell or refinance before the ARM adjusts, the lower introductory rate can save you real money.

What terms are available on a fixed-rate mortgage?+

The most common terms are 15, 20, and 30 years. Shorter terms mean higher monthly payments but far less total interest.

Do ARM rates always go up?+

Not always. ARMs move with the market index they're tied to, so they can go up, down, or stay flat. Rate caps protect you from extreme increases.

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No call centers, no runaround. Reach out and get real answers on what you qualify for before you fall in love with a house.