- Author: sweth
- Published: Nov 10th, 2009
- Category: Resources & Education
- Comments: 3
Tags: arm, fha, va
Please note that Ethical Homes is not currently taking on any new cli
ents. If you have questions, feel free to submit an inquiry using our cont
act forms; however, please be aware that there may be an extended delay before w
e are able to respond to you. If you have been referred to us by one of our prio
r clients, we would be glad to connect you to trusted partners who can help you;
however, as noted above, our response times for inquiries using this website wi
ll be delayed, so the best approach would be to have the person who referred you
to us contact us by phone or email.
Many borrowers have been trained to avoid adjustable-rate mortgages (ARMs), especially after misuse of those loans got so many borrowers into trouble during the last boom market, but ARMs issued through government programs such as FHA or VA have certain safeguards built in to them that protect borrowers from the biggest hazards that normally go along with having an adjustable rate, making them nearly as safe as fixed-rate mortgages while still giving borrowers better interest rates. Read the rest of this entry »
