ARM Loans is not something to take lightly so you are going to want to find out everything you need to know. Therefore, here are a few things you should ask your lender when getting an ARM Loan:
- Will I know in advance when my payments will go up?
- Is the ARM the right type of loan for me?
- Will I be able to afford the interest rates and payments?
- How long will I be paying for the loan?
These are just some questions that should be answered. If you have any other questions then make sure to ask your lender.