06/17/2026
Your new plan to buy a home. Get a VERY LOW 5 year ARM rate, 4.875%*, then refinance at a low fixed rate the next time rates dip down in a few years.
4.875%* 5 Year ARM TODAY!!!
Sample base payments at 4.875% during initial 5 years, purchase loan...
Loan amount Base Payment*
$250,000 $1,323.02
$350,000 $1,852.23
This is a 30 year ARM (Adjustable Rate Mortgage). The rate would stay at 4.875% for 5 years, then the rate would adjust, but since there is NO PREPAYMENT PENALTY, so you can REFI at anytime to take advantage of any future rate drops. Perfect credit is NOT needed.
Call me for full details. 864-979-1111.
*Based on 6/11/26 rates. APR= 5.79%. Base payment not including MIP (mortgage insurance premium) and property taxes and homeowners insurance. Maximum loan amount = $541,287. in Upstate SC. This is a 30 year FHA ARM mortgage based on a 660+ credit score, the rate will adjust after 5 years which can mean a higher payment after 5 years. The loan is subject loan underwriting and is not guaranteed to be approved. After 60 months, the interest would adjust a maximum of 1% (or 5.875%), then each year can adjust another 1% to a maximum of 5% total increase (or 9.875%) at year 10. The loan margin is 2.25%. The loan index is based off the 1 year Treasury Security which was 3.90% on 6/11/26. If the rate was adjusting today (month 61), the rate would be 5.875%. Maximum mortgage rate after 10 years would be 9.875%. The loan is helped if you can negotiate a 1.0% - 1.5% seller concession towards your closing costs.
Gary Schoenholz NMLS # 107429
RateSaver Mortgage Inc
Branch NMLS # 1847969
Licensed in South Carolina
