7 Year Arm Benefits

According to a recent report, 71% of potential buyers are waiting for rates to come down.

We need to educate our clients, it is not about “timing” the market. It is about time spent in the market that counts.

When rate come down, buyers are going to flood the market and home values will go up.

A 7 Year Arm can give your clients an interest rate that starts with a 5 and give them a head start on the competition.

1. Lower Interest Rate

  • Average 30 year fixed rate is 6.79%
  • 7 year arm is 5.75%
  • 1% lower

2. Rate is Locked for 7 Years

  • The rate will NOT change for 7 years
  • If you bought a home today, the rate will not be subject to change until November of 2033

​3. No Pre-payment Penalty

  • You can re-fi or Float-Down
  • IRON’s exclusive Float-Down option saves our clients time, energy and money.
  • Our clients do NOT need to re-finance when rates come down.
  • They can Float-Down and save thousands!

4. No Additional Fees

  • NO Points
  • No Origination Fee
  • IRON clients save thousands!

If you would like to compare rates, PLEASE CLICK HERE. It only take 30 seconds.

QUICK RATES

If you have any questions, please contact Clark.

CLARK SEXTON

734 . 564 . 3530

clark@iron.mortgage

As always, thanks for supporting our NRC Family of Companies!

Craig

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Frequently Asked Questions

  • Top 10 Questions to Ask a Lender

    Today I asked Clark Sexton with IRON Mortgage to answer and explain the Top 10 Questions listing agent should ask lenders prior to accepting an offer.

    To download a PDF version of the Top 10 Questions, please

    CLICK HERE

    If you have any questions or would like to have Clark pre qualify one of your clients, please feel free to contact him anytime.

    He is an absolute wealth of knowledge and experience.

    Clark Sexton

    734 . 564 . 3530

    clark@iron.mortgage

    As always, thanks for supporting our NRC family of companies.

    If you have any questions, please feel free to contact me anytime.

    I am always her to help.

    Thanks! Craig

  • What is a gift of equity?

    Today I asked Clark Sexton with IRON Mortgage to answer the following questions.

    1. What is a gift of equity?​

    2. Who is eligible for a gift? ​

    3. Can a FHA or VA buyer receive a gift?​

    4. Are there any tax implications?

    Every situation is different, so if you’d like more information, please feel free to contact Clark any time.

    He is an absolute wealth of knowledge and experience.

    CLARK SEXTON

    734 . 564 . 3530

    clark@iron.mortgage