Adjustable rate mortgages allow the interest rate on your home loan to fluctuate during its life. When financial markets are unstable, adjustable rate mortgages can be risky for home owners because the rate can increase with little notice. On the other hand, this type of mortgage may allow you to purchase a more expensive home.
Licensed by the Pennsylvania Department of Banking 1st mortgage license # 15573.010, 2nd mortgage license # 16131.009. Licensed by Florida Office of Financial Regulations license # 607706. Licensed by Virginia State Corporation Commission license # MB-3097. Licensed by Maryland Department of Labor, Licensing and Regulation license # 18158.
