An Adjustable-Rate Mortgage (ARM) from Fairway Independent Mortgage Corp. offers a flexible loan option with an interest rate that adjusts after an initial fixed-rate period. This type of mortgage is influenced by market conditions, which can affect the monthly payments. ARM loans are available in various forms, including Conventional, FHA, VA, and USDA options, catering to different needs and situations. It's essential to consult with a Fairway mortgage advisor to understand the benefits and risks, and to determine whether an ARM is suitable based on your financial goals and housing plans.
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