Understanding Arm Loans

Unless a borrower is exempt, VA loans have a funding fee that will increase the APR. The funding fee can vary by down payment and purpose of the loan. You should consult a tax professional with regard to the detectability of interest. This is NOT a mortgage loan approval or commitment to lend.

An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments can go up or down. This means that the monthly payments.

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