Lowest 5/1 ARM Rates in Philadelphia, PA

If you’re interested in getting a low mortgage rate in Philadelphia, but don’t want to drag out the term of your loan over 15 or thirty years, you may want to secure an adjustable rate mortgage, or ARM, instead. The advantage of an ARM is that like a fixed rate mortgage, the first few years of the loan are a fixed, low interest rate. The difference is that after the introductory period, the interest rate adjusts to match a market index.

5/1 ARMs are a common type of adjustable rate mortgage. Below is a list of the lenders in Philadelphia, PA with the most competitive offers for this type of loan right now:

Best Philadelphia 5/1 ARM Interest Rates

GSF Mortgage Corporation: 2.974% APR
Credence Mortgage: 3.066% APR
EverBank: 3.086% APR
Mortgage Capital Associates: 3.094% APR
The Money Store: 3.139% APR

The above rates are accurate as of the publish date but may change in the future. Please contact the lender directly to verify rates are current.