Comparing Home Loans | What are ARM Mortgages?
Many people assume a conventional fixed rate mortgage is the best financing option for buying home, but if you’re not planning on staying in the house for longer than 5 to 10 years, or if you don’t have a lot of money to put towards a down payment an adjustable rate mortgage might be a better choice! Bob Lambkins, Mortgage Lender (NMLS# 3719) with Hills Bank, and I chat about comparing home loan options in this video to help you choose the best mortgage for your situation–he does a great job of explaining the benefits of adjustable rate mortgages which is helpful if you’re in the process of comparing mortgages.
✅ If you’d like talk with Bob Lamkins, Mortgage Lender NMLS# 3719, his contact information is:
319-358-2289, bob_lamkins@hillsbank.com
❤️ If you’d like to talk with me about BUYING or SELLING real estate in the greater Iowa City area, feel free to call/text 319-594-4455 or email me at Emily@RightMoveIowa.com. I’d love to talk with you!
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Thinking about selling real estate in the greater Iowa City area?
✅ Thinking about SELLING a home? Grab a copy of my home seller guide here! https://homeiowacity.com/seller-guide-download
✅ Thinking about BUYING a home in the Iowa City area? Grab a copy of my home buyer guide here! https://homeiowacity.com/free-home-buyer-guide/
✅ Thinking about RELOCATING? Be sure to download my free Iowa City area relocation guide here: https://homeiowacity.com/iowa-city-relocation-guide/
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I am a Realtor® at Lepic-Kroeger, Realtors, located at 2346 Mormon Trek Blvd., Iowa City, IA 52245. I am licensed to sell real estate in the state of Iowa.