A variable or flexible rate mortgage with an interest rate that adjusts periodically according to the financial index it is based upon plus a margin. To limit the borrower¹s risk, the ARM may have a payment or rate cap.
A variable or flexible rate mortgage with an interest rate that adjusts periodically according to the financial index it is based upon plus a margin. To limit the borrower¹s risk, the ARM may have a payment or rate cap.
LeaderOne Finanial Corporation // NMLS #12007
LeaderOne Financial Corporation is Licensed by the Nevada Mortgage Lending Division - #4186. Licensed by Texas Department of Savings and Mortgage Lending. The California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. License #4131276. Corporate Headquarters: 7500 College Blvd. Suite 1150, Overland Park, KS 66210, NMLS ID #12007. www.nmlsconsumeraccess.org. This advertisement does not constitute a loan approval or a loan commitment. Loan approval and/or loan commitment is subject to final underwriting review and approval.
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