 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Jaci Mitchell is one of The Top
Selling Real Estate Experts™
Find Out More > |
|
|
 |
Read What People Are Saying About Me I always ask my clients to write or email me, and tell me truthfully how they appreciated my service to them. Their feedback is so important! Here are a few highlights of what people are saying about me... Above and Beyond
"She went above and beyond in the effort she gave."
-J. Burlingame, Seller
AWESOME!!!!!!
"Your level of professionalism and expertise is what's missing in the service industry today."
J. Fountaine
Eager to Help
"Jaci was very prompt and eager to help."
J. Gronsdahl
Outstanding
"Outstanding! Thank you over and over again"
-I. Bricken, Buyer
Very Professional
"She is always very professional and is always willing to help"
K. Wallace
You have a story to tell about me. You've worked with me, and I've helped you buy or sell a home. I need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell me how I did... 
Financing Your Home >Convertible ARMs
Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense of refinancing. There are several variations of this type of loan, so you should be informed about the various options before you decide on a loan.
Each lender places restrictions on when the ARM can be converted to a fixed-rate loan. Some allow a conversion after the first year of the mortgage, while others allow a change only on the rate adjustment dates. There is usually a fee for converting the mortgage, but it is much less than the cost of refinancing. The rate that you will pay after the conversion may be slightly higher than the going rate for fixed-rate mortgages. A real estate agent can provide you with a list of lenders who offer convertible ARMs, so that you can shop for the one that is best for you.
|
|
| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
|
| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
