Adjustable-Rate Mortgages

You can save more money in the early stages of your term.

Change can be a good thing.


Adjustable Rate Mortgages (ARMs) have a reduced interest rate and monthly payment early on in your loan term.  However, the initial rate is only fixed for a certain period of time, after which the rate – and your monthly payment – can move up or down depending on market conditions.  

While ARMs are not for everyone, it can make sense if you don’t plan on living in the home for very long or you are looking to increase your buying power.

  • Fixed rates available for the initial 3, 5, 7, or 10 years for up to a 30-year term
  • The amount your rate can increase annually and over the life of the mortgage is capped (so it can’t go up indefinitely)
  • Financing available for primary residences or second homes
  • Average application processing time is 30-45 days
  • Simple online application process


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Adjustable-Rate Mortgages

Rates effective starting: December 22, 2024

Loan Type1 Rates (as low as) Point APR2 Monthly Cost Per $10,000
3/1 ARM 6.250% 0.000% 6.961% $61.58
5/1 ARM 6.375% 0.000% 6.890% $62.39
5/5 ARM 6.500% 0.000% 6.867% $63.20
7/1 ARM 6.500% 0.000% 6.866% $63.20
10/1 ARM 6.625% 0.000% 6.860% $64.03

1Mortgage and Home equity loans are not available in Texas and Puerto Rico. Payment example: for example, if you borrow $400,000 for 360 monthly payments at 6.375%, you would make monthly payments of $2,495.48 at an APR of 6.802%. This is only an example. Your rate may vary based on a number of factors, such as down payment, credit score, property value, and so forth. Monthly payment does not include taxes and insurance.

2APR = Annual Percentage Rate. Ardent has a tiered loan rate policy which applies different loan rates to borrowers based upon the borrower's credit worthiness. Rates are subject to change at any time.

Tools & Resources


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Three Steps to qualify for a mortgage and prepare to buy a home

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