Frequently Asked Questions
- Home
- FAQs
- What's the difference between a fixed-rate and an adjustable-rate mortgage (ARM)?
Personal Online Banking
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Personal Mobile Banking
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Card Control
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Zelle
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Personal Finance Manager
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Business Online Banking
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Business Mobile Banking
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Business Leasing
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Business Online Bill Pay
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
Account Alerts
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
eDocuments
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.
uChoose Rewards
With a fixed rate, the interest rate does not change for the life of the loan, whereas with an ARM interest rate, it is not fixed for the term of the loan but for a shorter period of time and then can adjust and become variable for the remaining term of the loan.