Arlington, Mansfield and Fort Worth real estate and homes for sale in Texas, gated community, luxury homes, new construction - Myron Walker, REALTOR® Myron Walker REALTOR(r) for Arlington, Mansfield and Fort Worth, Texas real estate, gated community, luxury homes, new construction - NUMBER1EXPERT™ Myron Walker NUMBER1EXPERT(tm) for Arlington, Mansfield and Fort Worth, Texas real estate, gated community, luxury homes, new construction

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Myron Walker, REALTORŪ, real estate agent and broker for Arlington, Mansfield and Fort Worth Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Financing Your Home >Convertible ARMs

Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense of refinancing. There are several variations of this type of loan, so you should be informed about the various options before you decide on a loan.

Each lender places restrictions on when the ARM can be converted to a fixed-rate loan. Some allow a conversion after the first year of the mortgage, while others allow a change only on the rate adjustment dates. There is usually a fee for converting the mortgage, but it is much less than the cost of refinancing. The rate that you will pay after the conversion may be slightly higher than the going rate for fixed-rate mortgages. A real estate agent can provide you with a list of lenders who offer convertible ARMs, so that you can shop for the one that is best for you.

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Real Estate Trivia
Q 
What is the highest altitude hotel in the world?

A 
The Hotel Everest View sits at the record altitude of 13,000 ft (3,964 m) above sea level, in the rarified atmosphere of Namche, Nepal, the village closest to the Mount Everest base camp.
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Myron Walker, REALTORŪ, real estate agent and broker for Arlington, Mansfield and Fort Worth Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Myron Walker
RE/MAX Associates of Arlington

4105 S Bowen Rd.
Arlington, TX 76015
Tel: 817-276-5175
Mobile: 817-528-8459
Tel: 817-861-6565
Fax: 817-861-8631
Email: myronwalker@NUMBER1EXPERT.com

We are strictly RESULTS oriented, driven by the GOALS of our Clients and Customers. When one considers entering the Real Estate market either as a Buyer or Seller you have choices. It is our vision to be the Number One Choice, serving the Dallas/Fort Worth Metroplex.

Equal HousingMLSREALTOR


RE/MAX Associates of Arlington real estate and homes for sale in Arlington, Mansfield and Fort Worth Texas

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