Loan Programs
Adjustable Rate Mortgage (ARM)
ARMs can save borrowers money on their loan in the short term, with a variety of payment options in the future. This product is perfect for those who aren’t planning on staying in their home for a long time.
We offer adjustable rate mortgage (ARM) loans with terms of 3, 5, 7 and 10 years. An adjustable rate mortgage provides the borrower with a lower initial payment, yet carries a degree of uncertainty. An ARM loan will temporarily lock into a rate at the time of closing. After the initial lock period ends the rate will adjust for the remaining life of the loan, depending on market rates at that time. Adjustable rate mortgages allow borrowers to take advantage of lower interest rates without refinancing, however they should always prepare for rate increases as well. If you are considering a refinance or a move in the near future, an ARM loan may be a great option for you as the lower initial rates can offer a cheaper route for borrowers who don’t plan on staying in one place for long.
Our Process
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01
Apply and Get Pre-Qualified
Fill out our easy online application and work with your local real estate agent to explore your options and find the perfect home! -
02
Work with Our Experts
Provide the necessary information and documentation needed for our mortgage experts to underwrite and process your loan. -
03
Move In
Once you've closed on your home, the mortgage process is complete! Get ready to move in and start enjoying your new space!
Our Team's Experience
$1.7B
+
Total Amount Funded in 2020
MFM was able to successfully navigate the challenges of 2020 and serve more borrowers than ever before, funding over $1.75 billion in mortgage loans!
25k
+
Loans Closed Since 2001
Have confidence working with an experienced mortgage lender. Since 2001, MFM has closed over 25,000 mortgage loans!
96
%
Borrower Satisfaction
We are proud to serve thousands of homebuyers each year, and we’re even more proud that borrowers love working with our team!
43
+
States Where We Can Lend
MFM and our loan originators are licensed in more than 40 states across the country. From coast to coast, our team is available to serve you wherever you call home!
Mortgage Calculators
Use these calculators to quickly estimate what your monthly mortgage payment could be, how much of a mortgage you may be able to afford, and for guidance on whether refinancing your current mortgage would make sense financially in today’s market.
Select the calculator:
Take a Look at Some Resources
Our Resources
1098 Tax Statements
Find out when and how to obtain year-end 1098 tax statements if MFM services your mortgage loan.
COVID-19 Resources
Stay up to date on how MFM is assisting borrowers financially impacted by COVID-19.
