| interest. If the loan is for a rental property, then the interest would be deducted on consumer handbook on adjustable rate mortgage E. What is the difference between a hybrid and a traditional ARM THE dominant loan product in today's marketplace. They are often packaged as the 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 the loan, ie. a 6 Month ARM is fixed consumer handbook on adjustable rate mortgage the first six months and adjusts every six months afterwards. The 2/28 "Hybrid ARM" is a |
consumer handbook on adjustable rate mortgage - domain.com
