Where to Get the Best Grand Rapids Mortgage Rates on an ARM
If you’re thinking about buying a home, but conventional fixed rate mortgages aren’t for you, try looking at an adjustable rate mortgage instead. ARMs work differently than fixed mortgage loans, and currently, you could obtain an exceptionally affordable interest rate on one.
We’ve showcased the very best Grand Rapids mortgage rates available for adjustable rate mortgages nearby. Find out where you can get your hands on a great rate in your city.
Lowest ARM Rates in Grand Rapids, MI
Whether you prefer a traditional financial institution, a credit union or prefer to bank online, there are a number of options available:
Best Grand Rapids Mortgage Rates: 3/1 ARM
- Fifth Third Bank: 2.5%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Lake Michigan Credit Union: 2.63%
- Orig. Fees: $445.000
- Points: 0.25
- Caps: 2% per Adjustment Period
- Flagstar Bank, FSB: 2.89%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- PNC Bank, National Association: 3%
- Orig. Fees: $699.000
- Points: 0
- Caps: 2% per Adjustment Period
- My Personal Credit Union: 3.25%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
Top Mortgage Rates in Grand Rapids: 5/1 ARM
- Bank of America, National Association: 2.63%
- No Orig. Fees
- Points: 0.88
- Caps: 2% per Adjustment Period
- JPMorgan Chase Bank, National Association: 2.75%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Fifth Third Bank: 2.75%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Lake Michigan Credit Union: 2.9%
- Orig. Fees: $445.000
- Points: 0.25
- Caps: 2% per Adjustment Period
- Chemical Bank: 3%
- No Orig. Fees
- Points: 0
- Caps: 3% per Adjustment Period
Ensure you verify these interest rates with the lender before applying. Mortgage rates are accurate as of 10/15/11, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Grand Rapids mortgage rate.
