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Adjustable Rate Mortgage (ARM)
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An ARM can be easier on your wallet, help you qualify for a larger mortgage and could be much less expensive over time. It offers a lower starting interest rate, which can provide lower initial monthly payments and make it easier to qualify. Lifetime interest rate caps can protect you and help keep your interest rate and payments within reach.

Terms: 1, 3/1, 5/1, 7/1 and 10/1 ARMs with 30 year terms.

Loan-to-Value: Loan-to-value refers to the ratio of the mortgage loan's principal to the property's appraised value or its sales price, whichever is lower.

Loan Amount Limits: For maximum amounts, contact your local office.

In addition, Regions offers government-supported adjustable-rate financing options such as FHA loans, which are backed by the Federal Housing Administration. Please contact your nearest Regions office for terms, loan limits and other details on FHA loans.

Sample Payment Schedule

Adjustable Rate Mortgages
Loan Amount: $100,000.00
Loan to Value %: 80%
*Starting Interest Rate: 5.50%
Fixed Period: 60 months
*APR: 8.5765%
*Monthly Payment for First 60 Months: $567.79 (at 5.50%)
*Maximum Possible Monthly Payment: $873.00 for 300 months (at 10.50%)
Amortization Term: 30 Years

Learn more about Interest-Only Mortgage Payments, Mortgage Settlement Statements, and ARM Loans.

For more information please locate a Regions Mortgage Loan Originator or give us a call at 1-877-536-3286.

Rate will vary based on the London Interbank Offered Rate (LIBOR).

This is a sample payment schedule, provided in accordance with Regulation Z, Truth-In-Lending, section 226.24(c)(2)(ii)&(iii). Payments will vary depending on ARM program selected and market interest rate on scheduled change dates.

Loan specific disclosures will be provided upon application.

*Rates and the payments are subject to increase.

Subject to Credit Approval