Washington adjustable-rate mortgages

Washington adjustable-rate mortgages

If you’re considering an adjustable-rate mortgage (ARM) to help with the purchase of a new home or a refinance, Washington lenders will offer several options. With an ARM, you’ll get low payments for the first 1, 3, or 5 years. But after that, payments will increase. If you think your income will undergo an increase, a Washington adjustable-rate mortgage might be a good choice.