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Understanding ARMs vs. Option ARMs: Key Differences Explained! πŸŒŸπŸ’‘
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πŸŽ₯ Ever wondered what's the difference between an ARM and an Option ARM? πŸ€”

An ARM (Adjustable Rate Mortgage) is a legit loan that you need to qualify for. It’s fixed for a shorter period, like 5, 7, or 10 years. Perfect for those who plan to sell or refinance before 30 years. 🏑

An Option ARM, on the other hand, is a much riskier type of loan that was popular before the mortgage collapse. 😱

Want a deep dive into Option ARMs? Let me know in the comments! πŸ‘‡ For more info on ARMs, let’s connect! πŸ’¬

#arbor #krevoyteam #mortgage #realestate #AdjustableRateMortgage #HomeLoans #MortgageTips #RealEstateAdvice #FinancialSavvy #HomebuyersGuideGet Pre-qualify 🌐 ourhomeIQ.com πŸ‘ˆπŸ»

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Barry Krevoy, Producing Branch Manager, NMLS 923896
Shane Krevoy, Senior Mortgage Ad
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Uploaded At Jul 15, 2024 ^^


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RYD date created : 2025-02-01T20:46:01.2429858Z
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