FHA ARM Margin
• One, Three and Five Year ARMs: 2.25%
Note: Other margins may be offered. Refer to the Rate Sheet for additional information.
First Adjustment Dates
• The first adjustment for the One (1) Year ARMs will be twelve (12) to eighteen (18) months after the first
installment payment is due in order to permit pooling the mortgage for sale in the secondary market.
GNMA allows four adjustment dates (January 1, April 1, July 1 and October 1).
• The first adjustment for the Three (3) Year ARMs will be thirty-six (36) to forty-two (42) months after the
first installment payment is due in order to permit pooling the mortgage for sale in the secondary market.
GNMA allows four adjustment dates (January 1, April 1, July 1 and October 1).
• The first adjustment for the Five (5) Year ARMs will be sixty (60) to sixty-six (66) months after the first
installment payment is due in order to permit pooling the mortgage for sale in the secondary market.
GNMA allows four adjustment dates (January 1, April 1, July 1 and October 1).
