All adjustable-rate mortgage programs come with a pre-set margin that does not change, and are tied to a major mortgage index such as the Libor, COFI, or MTA. Adjustable-rate mortgages also carry adjustment caps, which limit the amount of rate change that can occur in certain time periods and there are three types of caps to take note of:
With many types of mortgage options to choose from, it’s important you choose an experienced residential mortgage broker who is knowledgeable about the various, and sometimes complicated, loan programs available. Under the guidance of veteran broker Gary Cutler, Global Unity Mortgage puts their clients first by responding quickly to inquiries and going the extra mile to find the best lending program available for their specific needs and they have hundreds of satisfied clients throughout Connecticut to prove it. Call us today at 860-872-9479 or email us at globalu@sbcglobal.net for reliable mortgage assistance and fast pre-approvals.
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Serving Connecticut Adjustable Rate Mortgage clients in Manchester CT, Vernon CT, Hartford, West Hartford, Glastonbury, Simsbury, , Avon, East Haddam, Essex, South Windsor, Wethersfield, Westport and all other towns in CT!