What is a 5/1 ARM Loan?

What is a 5/1 ARM Loan?

The 5/1 ARM Loan is a type of adjustable-rate mortgage loan where the interest rate on the loan stays the same for the first five years and then adjusts every year after that. Checkout this video: Introduction A 5/1 ARM is a loan with a fixed interest rate for the first five years, and then…

What is an IRRRL Loan?

What is an IRRRL Loan?

If you’re looking to refinance your home loan, you may have come across the term “IRRRL Loan.” But what is an IRRRL Loan? In this blog post, we’ll explain everything you need to know about IRRRL Loans , from what they are to how they can benefit you. Checkout this video: Introduction An IRRRL loan…