First-Time Homebuyer Veterans Choose
the VA Hybrid ARM

Most first-time home buyers want and need low interest rates and low monthly payments. For veterans looking to buy a home for the first time, the VA Hybrid ARM provides a good option. VA Hybrid ARMs have the lowest interest rates on the market. Because of these low interest rates, you will have monthly payments that are lower than your neighbors.

If you're trying to decide if a VA Hybrid ARM is right for you, this article will provide you with some basic information. There is a lot of disinformation out there about ARMs. They got a bad rap at the time of the real estate bubble. But ARMs didn't cause the meltdown. The bigger problem was people buying too much house.

Consider these three factors

1) The VA Hybrid ARM gives you the best features of fixed-rate and adjustable-rate mortgages. The fixed-rate portion is a locked-in rate for a period of 3-5 years. After this locked-in time, your rate could go up or down.
2) Your VA Hybrid ARM has a yearly cap of 1%. Your rate won't fluctuate more than 1% per year. This should provide you with some peace of mind. Your VA Hybrid ARM also has a lifetime cap of 5% from where it started. If you decide you don't like your loan, you can streamline out of it at any time.
3) You VA Hybrid ARM carries a U.S. government guarantee. No traditional mortgage can offer this guarantee. And because a portion of the loan is backed, lenders can give you better interest rates. The government must think it's safe, otherwise, they wouldn't guarantee it.

Based on these three factors, it should be clear that a VA Hybrid ARM could be a good loan for you as a first-time home buyer. Please speak to one of our VA-approved lenders to find out more.

Contact Us

* = required fields
First Name*
Last Name*