Where to Get the Best Bloomfield Hills Mortgage Rates on an ARM

If you’re considering buying a home, but traditional fixed rate mortgages aren’t for you, look into an adjustable rate mortgage instead. ARMs function differently than fixed mortgages, and currently, you could secure an exceptionally affordable interest rate on one.

We’ve listed the very best Bloomfield Hills 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.

Best ARM Rates in Bloomfield Hills, MI

Whether you prefer a traditional financial institution, a credit union or prefer to bank online, there are a multitude of options available:

Best Bloomfield Hills Mortgage Rates: 3/1 ARM

• Fifth Third Bank: 2.38%
• • No Orig. Fees
  • Points: -0.13
  • Caps: 2% per Adjustment Period


• Michigan State University Federal Credit Union: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Flagstar Bank, FSB: 2.89%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3%
• • Orig. Fees: $699.000
  • Points: 0
  • Caps: 2% per Adjustment Period


• PrivateBank & Trust Company: 3.13%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Bloomfield Hills: 5/1 ARM

• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.88
  • Caps: 2% per Adjustment Period


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


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


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


• KeyBank National Association: 2.92%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

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