Adjustable Rate

For borrowers who are looking for a lower initial interest rate, York Traditions Bank offers a full range of Adjustable Rate Mortgages (ARM’s). ARM products are available with rates that are fixed for periods of 1, 3, 5 or 10 years. Annual caps and lifetime caps provide protection from large interest rate adjustments. If you only expect to keep your loan for a short period, a Fixed Period ARM could be the product for you.