Increased Home Buying Power with a 5/5 ARM!*
Looking for lower monthly payments and more savings?
We can lend you an ARM.*
A 5/5 ARM* is an adjustable-rate mortgage with an initial fixed rate for five years of a 30-year loan term. After the first five years, the mortgage rate is variable and may change every five years for the remaining term of the loan.
Advantages of the 5/5 Adjustable-Rate Mortgage:
- The initial rate is lower compared to a 30-year fixed loan
- Allows for enhanced buying power and higher loan qualification because the rate and payments are lower
- There is longer time period between adjustments compared to 5/1 ARMs
You'll also earn cash rewards at closing when you buy or sell your home using HomeAdvantage!
Also Check Out Your Online Mortgage Center!
Whether you are buying your first home, refinancing or moving to a brand new house, trust AgFed to finance your mortgage! With our options and resources, we are sure to help make your home buying or refinancing process easier. Whether near or far, let our staff assist you in whatever you need.
Call our mortgage department at (703) 425-8302/(800) 558-2049, apply online or email us!
(1) ARM is Adjustable Rate Mortgage. This is a limited time offer. AgFed reserves the right to withdraw this offer at any time without notice. Property must be located in a U.S. state or the District of Columbia, excluding Hawaii and Texas. Offer is not available for investment or non-owner occupied properties. Certain restrictions and conditions may apply. This offer may not be combined with other offers.