Margins on ARM Loans – What are They?
Margins on an Adjustable Rate Mortgage loan is the amount a lender adds to the index in order to determine the mortgage interest rate at each adjustment period on the loan. The margin is assigned by the mortgage lender at the time the ARM loan is originated. It cannot be changed once the mortgage loan closes as it is set for the life of the loan. Call 302-703-0727 to apply for an ARM Loan or for more information. APPLY ONLINE
