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Page 1 of 9 MODEL ADJUSTABLE RATE NOTE FORM HUD

Page 1 of 9 MODEL ADJUSTABLE RATE NOTE FORM HUD

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what is up all you beautiful people mike ferrosi coming to you today with a little bit of mortgage 101 because i've noticed that there's a serious lack of knowledge out there for those people who are new into the mortgage business maybe in the last two three five years and they're just not super familiar with some of the stuff that us season veterans have come to know as commonplace and honestly homeowners and home buyers looking for a new mortgage they can probably get a lot out of this too so today it's arm day adjustable rate mortgages what in the world is an adjustable rate mortgage other than a mortgage that has a rate that adjusts every once in a while well not much really it's kind of what it is but it's in how that rate adjusts and when it adjusts the devil's in the details so let's get into those a lot of you have probably seen adjustable rate mortgages or arms referred to as three one five one seven one or ten on

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