Reliable Their loan and realty agents in San Francisco are fully trained and dedicated to delivering the highest quality financial and real estate services available. We also provide the lowest interest rates in the region. CME Funding's outstanding real estate and mortgage specialists collaborate closely with you to construct a personalized financial plan that fulfills all of your real estate and financing requirements. Whether you are seeking to buy your dream home, consolidate debt or refinance an existing loan, we can help you in locating the ideal program for you. We are dedicated to developing long-term relationships with our clients to ensure that they receive excellent service in the future. All information is kept strictly confidential and secure, unlike many national mortgage and realty firms. Known and loved throughout the city, our name opens doors. Contact us at any time by calling or utilizing any interactive tool on the website to speak with an expert realtor or mortgage broker. We await the opportunity to work together. What is an Adjustable Rate Mortgage? An adjustable rate mortgage (ARM) has an interest rate that changes over the mortgage term. Usually, rate changes are due to changes in the prime rate or the Treasury Bill rate. The goal of adjusting the mortgage's interest rate is to keep it in line with the market rate. Interest Rate Cap or Ceiling A ceiling or maximum interest rate is established to protect mortgage holders. This can be adjusted each year. Fixed rate mortgages are more attractive than ARM mortgages because borrowers can be compensated for future interest rate changes.
