Seacoast Bank’s adjustable rate mortgages (ARMs) offer flexibility and affordability, which is ideal for first-time buyers or those planning to relocate within a few years.
Our adjustable rate mortgages feature low down payments, lower initial interest rates and hands-on support from local loan specialists. Enjoy fast closings, personalized guidance and local underwriting for a seamless experience.
Seacoast Bank streamlines the mortgage process to ensure a stress-free experience. Here is what you can expect:
Local Florida Mortgage Experts
With 90+ years of Florida mortgage experience, we know what it takes to get you into the home of your dreams. Connect with our local mortgage specialists online, in-person or over the phone.
Quick Closing
Fast closing means that we’ll get you into your new home as soon as possible.
Accurate Appraisals
A local underwriter means an accurate appraisal to ensure the value of your new home.
Step-By-Step Guidance
Our local experts are happy to provide hands-on guidance throughout the mortgage process.
FAQs
Is an ARM a good option if I plan to sell my home in a few years?
Yes, ARMs are ideal for buyers planning to sell or refinance before the fixed rate term ends.
Are there caps on how much the interest rate can increase?
Yes, ARMs come with caps that limit increases during each adjustment period and throughout the loan’s lifetime.
Can I refinance my ARM to a fixed rate mortgage?
Absolutely. Refinancing allows you to lock in a stable rate if market conditions change or your financial plans evolve.
What Is The Difference Between A 5/6 and a 7/6 ARM?
A 5/6 ARM offers five years of fixed rates, while a 7/6 ARM provides seven years. Both adjust semi-annually after the fixed term.
As your local banking option, we are here to answer any questions you have. Fill out the form below and a Seacoast Bank Mortgage Loan Officer will be in touch soon.