Adjustable-Rate Mortgage Loan (ARM) Details

Loan Limit
Annual Cap
Life Cap
FloorMargin
$850,0002.00%4.00%2.75%2.75%
$850,001 - $1,100,000
2.00%4.00%2.75%2.75%
$1,100,001 and higher
2.00%4.00%3.00%3.00%
 - Minimum term on any ARM product is 10 years
 - Qualifying rate on ARM products will be as follows:
       - 7/1 ARM - Note rate

Index: One-year US Constant Maturity Treasury Rate, as made available by the Federal Reserve Board.