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Pay Less Now /Get More Now

An Adjustable Rate Loan or Adjustable Rate Mortgage (ARM) can be your ticket to getting more “house” than you thought you could afford. Thanks to an initially low rate, the lower monthly payment amounts may allow you to borrow more money.

With an ARM, you enjoy a lower, fixed interest rate for a set period of time then the rate adjusts based on financial markets for the remainder of the loan term. So, your monthly payments are lower at first, but then down the road may increase if interest rates go up.
CitiMortgage has a choice of ARMs with initial fixed rate periods of 10, 7, 5, 3 and 1 year terms and a 6 month term. In addition, CitiMortgage also offers an interest-only ARM where you only pay the interest on your loan plus any applicable taxes and insurance