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Va 5 1 Arm Disclosure Form

Va 5 1 Arm Disclosure Form

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Video instructions and help with filling out and completing Va 5 1 Arm Disclosure Form

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Instructions and help about Va 5 1 Arm Disclosure Form

hello and thank you for watching this quick video tutorial brought to you today by lo VA rates we are speaking about the five one-arm loan also known as the five one adjustable rate mortgage some refer to it as the five one hybrid we're gonna go into all of that so that you can better understand it okay so number one what is an arm well of course it is not this okay an arm loan simply put is an adjustable there's your a rate there's your our mortgage so we're not talking about the arm that we all have we're talking about an adjustable rate mortgage now adjustable means the interest rate can change they can go up it can go down certainly can't go sideways but it can go up and down normally my arm loan starts with a lower rate and they lower payment the lower the rate the lower the payment then a fixed rate mortgage so for example today is November 2nd 2016 if you were to go and buy a new home today and you negotiated an interest rate on that mortgage if you took an adjustable rate mortg

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