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Wellby

Adjustable Rate Mortgage

Flexibility to get you into the home you want.

illustration of a home with a gold coin above it and a changing line graph indicating a changing interest rate overtime with a Wellby adjustable-rate mortgage
a young couple dancing in their new home thanks to a great low interest rate from their Wellby adjustable-rate mortgage

Lower Rates for Big Dreams

An adjustable-rate mortgage (ARM) provides additional flexibility by offering lower interest rates during your introductory term, giving you more buying power to find and own your dream home. With a variety of term length options, we can help you find an ARM option that fits your budget and financial goals.

A Mortgage That Fits Your Goals

An Adjustable-Rate Mortgage (ARM) offers unique benefits that might make it the right choice for your home loan.

  • Save money on your early monthly payments with a lower introductory rate than a fixed-rate loan.
  • Lock in your introductory rate before it starts to adjust, giving you more room in your budget.
  • Qualification requirements are more flexible than traditional mortgage loans.
  • With lower interest rates during the introductory term, an ARM is an excellent choice for investment properties or those looking to move again in a few years.

How to Apply for Your Adjustable Rate Mortgage

Step 1

Start your application online in minutes and receive your pre-approval letter.

Step 2

Shop for your home with confidence, knowing how much home you can afford.

Step 3

We'll guide you through the entire process, from submitting your documents, through closing day!

a monthly calendar with a pink cog wheel laying on top indicating adjustable loan terms from Wellby to meet your financial needs

Term Lengths That Match Your Plan

A Wellby Adjustable Rate Mortgage is available in a wide range of term lengths. This gives you the flexibility to set an introductory period that aligns with your financial plan and locks in your interest rate for a set period before your rate begins to adjust each year.

Fixed Rate Mortgage

Adjustable Rate Mortgage (ARM)

Jumbo Mortgage

Home Equity Loan (1st Lien)

Home Equity Loan (2nd Lien)

LOAN TYPE

Fixed Rate Mortgage

TermInterest RateAnnual Percentage Rate (APR)

30-Year Fixed Rate

as low as 4.750%

as low as 4.806%

20-Year Fixed Rate

as low as 4.625%

as low as 4.700%

15-Year Fixed Rate

as low as 4.250%

as low as 4.468%

10-Year Fixed Rate

as low as 4.125%

as low as 4.383%

100% Financing

as low as 5.500%*

as low as 5.668%*

Looking for Different Mortgage Options?

Fixed-Rate Mortgage

Lock in your mortgage rate and protect yourself against rate increases
Learn More

Mortgage Refinancing

Refinance to a lower interest rate and better terms to match your needs
Learn More

Investment Property

Conventional fixed or adjusted-rate financing for rental properties
Learn More

Speak to a Mortgage Specialist

Our mortgage specialists are here to answer your home loan questions. Schedule your appointment today!

young female customer service team member ready to assist you over the phone

Ready to Get Started?

Wellby offers a variety of adjustable-rate mortgage terms so you can find the right loan for your monthly budget goals and financial plan.

Adjustable-Rate Mortgage FAQ

Learn more about adjustable-rate mortgage options from Wellby.

Learn More

Common Questions

What is an adjustable-rate mortgage (ARM)?
How do I apply for a Wellby adjustable-rate mortgage?
What is private mortgage insurance (PMI)?
Will my interest rate ever change with an adjustable-rate mortgage?