Where to Get the Best Philadelphia Mortgage Rates on an ARM

If you are thinking about purchasing a house, but traditional fixed rate mortgages aren’t for you, look into an adjustable rate mortgage instead. ARMs work differently than regular mortgages, and currently, you could find an exceptionally affordable interest rate on one.

We’ve showcased the very best Philadelphia mortgage rates available for adjustable rate mortgages in the area. Find out where you can get your hands on a great rate in your city.

Top Philadelphia, PA ARM Rates

Whether you opt for a conventional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:

Best Philadelphia Mortgage Rates: 3/1 ARM

• Navy Federal Credit Union: 2%
• • No Orig. Fees
  • Points: 0.5
  • Caps: 2% per Adjustment Period


• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Sovereign Bank: 2.38%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• TruMark Financial Credit Union: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Firstrust Savings Bank: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Philadelphia: 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period


• Sovereign Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• TD Bank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Manufacturers & Traders Trust Company: 2.88%
• • Orig. Fees: $985.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you verify these interest rates with the lender before you apply. Mortgage rates are accurate as of October 15, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Philadelphia mortgage rate.