Best Interest Rates on Denver Home Loans: 3/1 ARMs
When most people finance a new home purchase, they investigate fixed mortgage rates first. Fixed rate mortgages are very popular Denver home loans because of their low rates and reliable monthly payments, but you should know they’re not the only option.
Adjustable rate mortgages can help you get an even lower interest rate on your loan, and at a time when mortgage rates are very affordable, now may the best opportunity to take on an ARM. Below are the lenders in Denver with the best 3/1 ARM rates today, based on a principal loan amount of $300,000:
Lowest 3/1 ARM Denver Home Loans
- National Mortgage Alliance: 2.821% APR
- Roundpoint Mortgage Company: 2.973% APR
- AimLoan.com: 2.997% APR
- LenderFi.com: 2.998% APR
- Mortgage Capital Associates: 3.052% APR
Please note that these rates are accurate as of May 10, 2011 but are subject to change at any time. You may be offered a different rate based on your credit.
