Top Rates for Dallas Home Loans: 5/1 ARMs
Some of the most popular Dallas home loans are fixed rate mortgages, and with good reason. These loan generally offer low interest rates, low monthly payments and a term length that helps fit payments into a long-term budget. However, fixed rate mortgages are not the only option available and you may find that an adjustable rate mortgage better suits your needs.
No matter what type of mortgage you obtain, it’s important to be sure you’re getting the best rate possible. The following is a list of the lenders in Dallas who are currently offering the best rates on 5/1 ARMs today.
Lowest 5/1 ARM Home Loan Rates in Dallas, TX
- Austin First Mortgage: 2.670% APR
- Home Loan Enterprise: 2.669% APR
- Interbank Mortgage Company: 2.815% APR
- Great Western Financial Services, Inc: 2.824% APR
- National Mortgage Alliance: 2.910% APR
Please note that these rates are based on a principal loan amount of $300,000 and are accurate as of May 11, 2011. Rates are subject to change at any time, so contact the individual lender to verify rates before applying for a loan.
