NMLS #2498240

Conventional Adjustable Rate Loan

Stay ahead of market and align your mortgage to your goal
A good option for homebuyers or investors who plan to change their lives constantly by selling their homes in a short period.
  • Lower Initial Interest Rate
  • Flexibility and Potential Savings
  • Qualify for a larger loan amount

The conventional adjustable rate mortgage is less common than the fixed rate mortgage. Interest rates are locked between 6 months to 10 years and then fluctuate up or down during the loan’s lifespan. The benefits of a conventional adjustable rate are set payments during a fixed period, flexibility, payment and rate caps, and possibly lower payments. The cons of the adjustable rate are payment and interest increases. 


  • Minimum of 620 credit score
  • Proof of income (Bank statements and pay stubs), assets, and tax returns 
  • Maximum of 50% Debt-to-Income ratio (DTI)
  • Required down payment: 5%
  • Eligible Property Types: 1 to 4-unit primary residence (including condos), Planned Unit Development (PUDs) and manufactured homes, second homes, and 1 to 4-unit investment properties. 

Loan Disclaimer

Not all applicants will qualify. Please meet with one of our licensed loan officers for more information. Rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Home loan programs are only available in Texas.

Loans are subject to borrower qualifications including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to program guidelines and Sociable Mortgage’s lending policies and are subject to change without notice.

Let us guide you.

Free consultation.

Our Signature Process

Let our expert team handle the complex mortgage process as you envision your dream home. We provide an efficient and enjoyable experience, allowing you to create a lasting home for yourself and your loved ones. Let’s work together to bring your dream to life.