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  • Item Upon - Have You Heard of the New 5/1 Interest Only ARMs with Option ARM Features?

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    nly adjustable rate mortgage so cool are the two new features that have been built in for option ARM lovers.

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    If you have an option ARM mortgage, also known as a pay option ARM by some lenders, then you need to read this. There are some new mortgage programs out there with a new kind of rate protection that most option ARM owners need to know about. If you have an option ARM and you're worried about escalating mortgage interest rates, then this new product may be for you.

    The new mortgage program is a 5/1 Fixed Interest Only ARM. What makes this interest only adjustable rate mortgage so cool are the two new features that have been built in for option ARM lovers.

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    ere are some new mortgage programs out there with a new kind of rate protection that most option ARM owners need to know about. If you have an option ARM and you're worried about escalating mortgage interest rates, then this new product may be for you.

    The new mortgage program is a 5/1 Fixed Interest Only ARM. What makes this interest only adjustable rate mortgage so cool are the two new features that have been built in for option ARM lovers.

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    The new mortgage program is a 5/1 Fixed Interest Only ARM. What makes this interest only adjustable rate mortgage so cool are the two new features that have been built in for option ARM lovers.

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    The new mortgage program is a 5/1 Fixed Interest Only ARM. What makes this interest only adjustable rate mortgage so cool are the two new features that have been built in for option ARM lovers.

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    First, the interest rate is fixed for five years interest only, then can adjust for five more years while still interest only for a total of ten years of interest only. The incredibly powerful features that will appeal to most option ARM owners are that the interest rate cannot change for a minimum of sixty months. In this respect the loan is similar to a standard 5/1 interest only ARM.

    The second part of these powerful features is that you are all

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