Adjustable Rate Mortgage
The Clear Mountain Bank Mortgage App enhances the lending experience for both the borrowers AND Realtors.
An adjustable rate mortgage, or ARM, is a loan that has a fixed rate for a defined period of time. Once the initial fixed period is up the rate can fluctuate with market conditions.
These loans offer:
- Lower payment for the first years of your loan
- Initial fixed rate terms available for 1, 3, 5, 7, & 10 years
- Flexible terms available
- Available for primary and secondary homes, investment properties, and manufactured homes
- No pre-payment penalties
Ready To Apply For An
Adjustable Rate Mortgage Loan?
Whether you are buying your first property or your fourth, we understand it can be a big and often daunting decision. That’s why we want to make applying for your home loan quick and easy.
The Clear Mountain Bank Mortgage Advantage
With Clear Mountain Bank, our team is dedicated to being your complete resource for your mortgage lending needs. Voted Best Bank in Morgantown by Morgantown Magazine, we are a locally-owned, community-driven bank that offers the best rates, quick decisions, and exceptional service.
With 13 branch locations throughout North Central West Virginia and Oakland, Maryland, we are conveniently situated to offer mortgage loans and refinancing for Monongalia County, Preston County, Marion County, Harrison County, Taylor County, Doddridge County, Wetzel County, and more. Contact us today to learn more about the advantages of banking with a local, community bank that cares about you.
