Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London Interbank Offered Rate (LIBOR). Bank of America ARMs use LIBOR as the basis for ARM interest rate adjustments.
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Take a look at our Getting a Loan: frequently asked questions page. Lauteria & King, PLC is a full service Tax and Accounting firm located in Orlando, FL.
Our mortgage experts give you the individual attention you deserve and treat you right. We know you’re making a commitment in purchasing a home, refinancing, or tapping into your home equity. So we make a commitment to you: we can help you qualify, apply and be approved for the very best mortgage.
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You have a choice in home loans. Make it a Great Choice. As a state agency, THDA created the Great Choice Home Loan program to make mortgage financing available and affordable to Tennesseans of middle/moderate income. Every Great Choice Home Loan is a 30-year, fixed interest rate home loan, which is the most common mortgage type in America.
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The U.S. Supreme Court’s decision in Citizens United five years ago left the nation’s campaign finance system in shambles and our constitutional system of representative government dangerously.
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