Where to Get the Best Virginia Beach Mortgage Rates on an ARM

If you are interested in buying a home, but conventional fixed rate mortgages aren’t for you, try looking at an adjustable rate mortgage instead. ARMs work differently than fixed home loans, and presently, you could find an exceptionally competitive interest rate on one.

We’ve showcased the very best Virginia Beach mortgage rates available for adjustable rate mortgages near you. Find out where you can get your hands on a great rate in your city.

Top Virginia Beach, VA ARM Rates

Whether you opt for a traditional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:

Best Virginia Beach Mortgage Rates: 3/1 ARM

• Navy Federal Credit Union: 2%
• • No Orig. Fees
  • Points: 0.5
  • Caps: 2% per Adjustment Period


• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of Hampton Roads: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• TowneBank: 3%
• • Orig. Fees: $350.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Virginia Beach: 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Navy Federal Credit Union: 2.88%
• • No Orig. Fees
  • Points: 0.5
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you confirm these rates with the lender before you apply. Mortgage rates are accurate as of October 15, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Virginia Beach mortgage rate.