Interest Rates are Rising Rapidly

Interest Rate are High, but you do not Need to Feel Low!

Did you know that Adjustable Rate Mortgage (ARM) Loans are not what they used to be?

You read that right—ARM loans how you know them are a thing of the past when you work with a mortgage company like us. At Luminate, we offer an extensive portfolio of unique products, including hybrid ARM loans that give you the flexibility you need to get into a home in today’s market.

Why Choose a Hybrid ARM Loan?

While most clients are worried about the rising rates (with good reason), the truth is that most mortgage loans are refinanced within three years for home repairs, additions, improvements, and more. With our ARM loans, you get a rate that’s fixed for the first 5, 7 or 10 years. That means you’ll be able to:

Pay a lower interest rate in the first years of the loan
Have a lower monthly payment
Build equity faster than with a higher rate loan
And potentially save money down the line

The good news is we’re always monitoring rates, so we’ll always reach out with any refinance opportunities. That means you get to lock in a longer fixed rate period, get all the savings and certainties of a fixed-rate loan, but for a limited period of time! That’s only one of the benefits of working with an experienced mortgage lender like us.

Need Even More Flexible Financing Options?
That’s okay, we’ve got you covered there, too! Hybrid ARM loans may not be for everyone, which is why we have a variety of products to help put your clients at ease. Just ask us about our Lock & Shop or Extended Rate Lock Products!

Ready to learn more ways to afford your dream home? We can help.

Contact us today to learn more! Ready to get started? We’re here to help!

Tim Erickson
P: (652) 451-2273
E: tim.erickson@goluminate.com
W: www.TimEricksonMortgage.com

Mark Henderson
P: (651) 398-3477
E: mark.henderson@goluminate.com
W: www.MarkHendersonMortgage.com