Option ARM's

Most people are very familiar with Option ARM loan programs. They have been around since the 1980's and have gained popularity. This program can be great as it offers the most flexibity compared to many other loans on the market. Unfortunately, though, most people do not really understand how this loan program works. In upcoming posts, I will attempt to provide a thorough explanation of the components of the Option ARM to enable you to make the determination if this is the right loan for you and your current situation.

Until next time...