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The McDowell Team

Sr. Mortgage Consultant

NMLS# 73635
State License NC I-104339 | NC I-104340 | Della McDowell NMLS 85696

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Mortgages Simplified from The McDowell Team

Recent Posts from On Q Financial

5/1 ARM Explained

5/1 ARM Explained

  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...

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