Houston, TXVA purchase
Rate in the 5s for the first year
A tight timeline, a no-cost temporary buydown, and a real 3–5 year plan for the home.
Closed in 9 daysBuyer’s agent @soldbyjeffejekam
Home › Loan options › Adjustable rate (ARM)
Adjustable-rate mortgage (ARM)
A lower starting rate for 5, 7 or 10 years — useful if you plan to move or refinance before it adjusts.
5/7/10year fixed start
Lowerinitial rate than a 30-year fixed
Capslimit each adjustment
For eligible borrowers. Programs, terms and availability vary by lender and can change — ask Craig for current details.
Who it fits
- Buyers expecting a move or PCS within a few years
- Borrowers expecting higher income
- Larger loans where the rate gap matters
Good to know
- After the fixed period the rate can go up or down with the market.
- Know your caps: first adjustment, each later one, and lifetime.
- An ARM needs an exit plan — Craig builds one with you.
How it works
From first call to keys
Talk to Craig
A 15-minute call about your goals, timeline and budget. No credit pull, no pressure — just straight answers.
Get pre-approved
Apply online in about ten minutes. Craig compares lenders and programs and sends you a pre-approval you can shop with.
Close on time
Craig keeps you, your agent and title in the loop every week, and gets you to the closing table — often in 21 days or less.
Closed with Craig
Recent closings like yours
Real loans Craig closed — what the buyer needed and how it came together.
Houston, TX
New Orleans, LAVA duplex
A home that pays him back
Active-duty buyer, tenant already in the other unit, and a lender-paid 1-0 buydown worth nearly $3,000 in year one.
Cash-flowing
Odenton, MDVA purchase
Out of uniform, into a new state
A Navy officer leaving active duty, starting a new job and moving his family from New Jersey — closed on time.
On scheduleBuyer’s agent @jdjonesrealestate
Payment calculator
Estimate your monthly payment
Estimated monthly payment
$0/mo
- Principal & interest
- Property tax
- Insurance
- Mortgage insurance
- Loan amount
Illustration only — not a quote. VA shows the funding fee financed (2.15% first use) and no monthly MI; FHA uses 1.75% upfront and 0.55% annual MIP; conventional MI is estimated at 0.5%/yr under 20% down. Ask Craig for real numbers on your scenario.
FAQ
Adjustable rate (ARM): common questions
What happens at the end of the fixed period?
The rate adjusts on a set schedule based on an index plus a margin, within the caps.
Are VA ARMs available?
Yes, VA hybrid ARMs exist with their own caps.
How long does it take to close?
Most loans close in about 21–30 days. Some of Craig’s recent clients closed a purchase in 9 days and a refinance in 4 days when the file was ready — every file is different.
How much do I need for a down payment?
It depends on the program. VA, USDA and physician loans can be zero down for eligible borrowers, FHA starts at 3.5%, and some conventional programs start at 3% — or 1% with lender-paid assistance for income-qualified buyers. Down payment assistance can cover part or all of it.
Compare
All loan optionsOther options worth a look
VA loans$0 down, no PMI and limits on closing costs for veterans, active-duty service members and eligible surviving spouses.
VA one-time close constructionBuy the land and finance construction in a single closing — with participating lenders, no payments for up to 11 months while the home is built.
Physician loansLittle or no down payment, no PMI and student loans treated fairly — for doctors, dentists, pharmacists, vets, residents and fellows.
Need a human touch?
Craig picks up.
Call, text or book 15 minutes. You will talk to Craig — not a call centre.