Clearwater Mortgages & Loan Information Adjustable-Rate Mortgages (ARMs)
CD-Indexed ARMs (Certificate of Deposit): After an initial
six-month period, the initial rate and payments adjust every six months.
These ARMs typically come with a per-adjustment cap of 1% and a lifetime
rate cap of 6%. For more information about Certificate of Deposit Indexed
ARMs contact our Clearwater Florida mortgage brokers.