| between a hybrid and a traditional ARM THE dominant loan product in today's marketplace. They are often packaged as countrywide home loan wholesale 5/1 ARM or the 2/28 ARM (most popular products). The loan is a "Hybrid" because a true ARM adjusts for the same periods for the life of countrywide home loan wholesale loan, ie. a 6 Month ARM is fixed for the first six months and adjusts every six months afterwards. |
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