- Starts with lower interest rate
- Rate may adjust up or down after the initial period
- Usually these have an initial fixed-rate period during which the rate doesn't change, followed by a longer period during which the rate changes at preset intervals.
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Our mortgage lenders are ready to serve all of your home loan needs. Simply go to our loan application page and fill out a short form to get started. If you have immediate questions, call us at 828-464-5620 or toll-free at 877-802-1212, or send us an email at MOR@peoplesbanknc.com.