Sturgis Bank

Adjustable-Rate Mortgages

An adjustable-rate mortgage (ARM) is a type of home loan in which the interest rate can change over time based on market conditions. One of the main benefits of an ARM is that it often starts with a lower interest rate than a fixed-rate mortgage. This can lead to lower initial monthly payments, lower overall interest costs, and the ability to build equity faster than with a fixed-rate mortgage. ARM loans can offer more flexibility, as many products have caps on how much the interest rate can adjust over time or offer options to lock in a fixed rate after a certain period.

An ARM can be a great choice if you plan to move or refinance within a few years, as you may not be in the home long enough to experience significant interest rate increases.

Contact a Loan Officer Today

Our experienced loan officers are ready to help you find the right mortgage option to fit your unique needs. Whether you're a first-time home buyer, looking to refinance, or investing in property, we're here to guide you through the process and answer any questions you may have.

Contact us today to schedule a consultation with one of our loan officers and take the first step toward achieving your home ownership goals.

Loans subject to credit approval. Sturgis Bank NMLS#407562.

Meet the Lending Team




Mortgage Center

Mortgage Center

We are more than happy to help with your home buying process. Interested in applying for a loan? Click below!

Apply Now