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5/1 ARM home loan - first 5 years same interest rate, then adjusts each year after ARMs can have minimum and maximum interest rate amounts 5/1 ARM can be great for short-term purchases What is a 5/1 ARM? A 5/1 ARM (Adjustable Rate Mortgage) combines elements of...
What is a reverse mortgage? A reverse mortgage is also known as a Home Equity Conversion Mortgage (HECM). The program was created by the Federal Housing Administration (FHA) specifically to help homeowners, age 62 years and older. A HECM can provide seniors the means...read more
Where to go for immediate assistance and what to do if your home is damaged. The events of the California wildfires have destroyed communities. The Camp Fire in Northern California destroyed 13,972 homes, burned 153,336 acres, and displaced nearly 52,000 residents....read more
Tempe, AZ – On Q Financial is proud to announce the promotion of industry veteran, Shane Miller, to the role of Senior Vice President – Eastern Divisional Manager. In his new role, Miller will lead the company’s Eastern states through growth and service, as well as...read more