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When you apply for an adjustable-rate mortgage with First National Bank and Trust (FNBT) decisions are made in-house. We're committed to providing you with the highest level of customer service and we’ll treat you like family. If you’d like to get an idea of how much home you can afford or what your payments might be, check out our home loan calculators. Got 15 minutes? We can get you pre-equalified now!


What Is An Adjustable-Rate Mortgage (ARM)?


An adjustable-rate mortgage (ARM) is a home loan with a variable interest rate. Usually, the initial borrowing costs of an ARM are fixed at a lower introductory rate for a period of time. After that, the interest rate applied on the outstanding balance resets periodically and may affect your monthly payments which can increase or decrease, depending on the state of the economy and general cost of borrowing.

Is An Adjustable-Rate Mortgage Right For You?


An ARM loan can be a smart financial choice if you are planning to keep the loan for a limited period of time and will be able to handle any rate increases in the meantime. For example, if you are buying your first home and plan to move again in a few years, or if you want to take advantage of the low introductory rate and then plan to refinance after the introductory period ends.

Why Get Pre-Qualified?


Getting pre-qualified for a mortgage loan is an important first step in your journey to home ownership. In fact, many real estate agents will ask you for a pre-qualification letter before they will take you out to look at homes. Being pre-qualified can also improve your chances of having an offer accepted by sellers. 

You can get pre-qualified online or sit down with one of our mortgage lenders at one of our Southern Wisconsin or Northern Illinois locations. We’ll review your financial situation, homebuying goals, and the home loan options available to you. 

Apply Now For An Adjustable-Rate Mortgage! 


Home is where dreams are made. Ready to apply for an adjustable-rate mortgage? Check our current mortgage rates, find a Loan Originator near you, or Apply Now to get started! To apply for a mortgage in person, visit us at any one of our convenient locations in Beloit, Delavan, Darien, Clinton, Janesville, Williams Bay, Monroe, Elkhorn, Argyle, and Walworth, WI, and Roscoe, Rockton, and Winnebago, IL. 

Apply Now