Where to Get the Best Chesapeake Mortgage Rates on an ARM
If you are considering financing a house, but conventional fixed rate mortgages aren’t for you, look into an adjustable rate mortgage instead. ARMs work differently than regular home loans, and today, you could find an exceptionally low interest rate on one.
We’ve compiled the very best Chesapeake mortgage rates available for adjustable rate mortgages nearby. Learn where you can get your hands on a great rate in your city.
Lowest Chesapeake, VA ARM Rates
Whether you prefer a conventional financial institution, a credit union or prefer to bank online, there are a number of options available:
Best Chesapeake Mortgage Rates: 3/1 ARM
- Navy Federal Credit Union: 2%
- No Orig. Fees
- Points: 0.5
- Caps: 2% per Adjustment Period
- Wells Fargo Bank, National Association: 2.13%
- Orig. Fees: 1%
- Points: 0.88
- Caps: 2% per Adjustment Period
- Branch Banking & Trust Company: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Bank of Hampton Roads: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- TowneBank: 3%
- Orig. Fees: $350.000
- Points: 0
- Caps: 2% per Adjustment Period
Top Mortgage Rates in Chesapeake: 5/1 ARM
- Wells Fargo Bank, National Association: 2.25%
- Orig. Fees: 1%
- Points: 0.88
- Caps: 2% per Adjustment Period
- Bank of America, National Association: 2.5%
- No Orig. Fees
- Points: 1.13
- Caps: 2% per Adjustment Period
- SunTrust Bank: 2.63%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Branch Banking & Trust Company: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Navy Federal Credit Union: 2.88%
- No Orig. Fees
- Points: 0.5
- Caps: 2% per Adjustment Period
Ensure you verify these mortgage rates with the lender before you apply. Interest rates are accurate as of October 15, 2011, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Chesapeake mortgage rate.
