Adjustable Rate Mortgage
Enjoy lower initial rate and monthly payments prior to the rate adjustment period.
Adjustable Rate Mortgage[[#1]] Features
- Interest rate and monthly payments remain the same for an initial period, then adjust semi-annually
- Variety of terms available: 3/6, 5/6, 7/6 or 10/6[[#2]], with annual and lifetime interest rate caps
- See today's rates and loan terms and conditions, including payment examples.
Your rate is fixed for years
Choose fixed-rate terms that last from 1 to 10 years.
Flexible options for your changing life
Great for those who plan to move within a few years.
Lower initial rates
The rate may be lower than a fixed rate mortgage.
![ideal for buyers who may sell in a few years ideal for buyers who may sell in a few years](/sites/default/files/styles/original/public/2021-01/Adjustable_Rates_Single%401x.jpg?itok=h9iIz-LS)
Ideal for
- Owners who know they will sell in a few years
- House flippers or short-term investors
- Borrowers who anticipate rising incomes or large cash settlements in the future
Ready to Apply?
![Chelsea Omaye-Backman](https://www.fhb.com/sites/default/files/styles/original/public/2024-02/chelsea.jpg?itok=j_P8Z1mR)
Chelsea Omaye-Backman
![Norman Hong](https://www.fhb.com/sites/default/files/styles/original/public/2024-02/Hong%20Norman.jpg?itok=YGV3ZR8F)
Norman Hong
![Lan Yao](https://www.fhb.com/sites/default/files/styles/original/public/2024-02/Yao%20Lan.jpg?itok=R-1447pz)
Lan Yao
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