Adjustable-Rate Mortgage (ARM)

Adjustable-Rate Mortgage (ARM) Flexible Financing That Adapts to Your Life

When it comes to home financing, one size doesn’t always fit all. That’s where an Adjustable-Rate Mortgage (ARM) comes in. At Rami Dalal with Nexa Mortgage, we help you explore smart and flexible lending options—like ARMs—that align with your financial goals and evolving lifestyle.

What Is an Adjustable-Rate Mortgage?

An Adjustable-Rate Mortgage, or ARM, is a type of home loan with an interest rate that adjusts periodically based on market conditions. Typically, ARMs start with a lower fixed rate for a set initial period—such as 5, 7, or 10 years—before shifting to a variable rate for the remainder of the loan term. This structure can offer significant upfront savings and is ideal for homeowners who plan to move or refinance before the adjustment period kicks in.

Key Features of an ARM:

  • Lower Initial Rates: ARMs often begin with lower interest rates compared to fixed-rate mortgages, helping you save more in the early years of your loan.

  • Adjustment Periods: After the initial fixed term, your rate may adjust annually based on a financial index plus a margin.

  • Rate Caps: Protections are built in to limit how much your interest rate can increase at each adjustment and over the life of the loan.

  • Short-Term Savings: Ideal for buyers who don’t plan to stay in their home long-term or expect to refinance before rate adjustments.

Is an ARM Right for You?

An ARM can be a powerful option for:

  • First-time homebuyers seeking lower initial monthly payments

  • Buyers planning to relocate within a few years

  • Borrowers expecting an income increase in the near future

  • Homeowners looking for short-term flexibility without committing to a long-term fixed rate

At Rami Dalal with Nexa Mortgage, we’ll work closely with you to evaluate your long-term plans, risk tolerance, and financial needs to determine if an ARM is the right fit. We take the time to explain how your rate will be calculated, what to expect when adjustments occur, and how to budget effectively for any changes.

Why Choose Rami Dalal?

With years of experience and a strong commitment to client satisfaction, Rami Dalal offers expert guidance, transparent communication, and personalized loan solutions. We’re not just here to help you get approved—we’re here to help you make smart decisions for your future.

Let’s Talk About Your Mortgage Goals

Whether you’re just starting your home search or ready to lock in a great loan option, we’re here to help every step of the way. Contact Rami Dalal today to learn more about Adjustable-Rate Mortgages and how they can benefit you.

📞 Call: (901) 387-6398‬
📧 Email: rdalal@nexamortgage.com
📍 Visit: Memphis, TN 38117