The adjustable interest rate on an ARM is determined by interest rate trends, so if interest rates are on the rise, your loan rate and monthly mortgage payment will also increase after the fixed rate period of the loan.
Standard credit qualifications apply. All loans are subject to final credit approval. Please consult your tax advisor, as interest paid on these loans usually is tax-deductible. Financing on homes in Colorado. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for federal income tax purposes. Consult a tax adviser for further information regarding the deductibility of interest and charges.
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Please note: Ent does not sell your credit or application information.