What Is An Arm

  • 10 Common Mortgage Related Terms and Definitions You Need to Know

    … at least 20% equity in the home. Jumbo Mortgage Vs. an Interest-Only Mortgage As mentioned earlier, there are several variations to each category of mortgage, whether you’re dealing with an ARM or a fixed-rate mortgage. A Jumbo Mortgage is any home loan whose amount exceeds conforming loan limits (these are set by the government-sponsored agencies…

    Matty Byloos/ RGR Marketing- 8 readers -