Adjustable Rate

 Adjustable Rate Mortgage Rates

Planning to stay in your current home for a few years rather than decades? 

You may want to consider an adjustable-rate mortgage (ARM) from Rockland Trust. Rockland Trust’s adjustable rate loans come in the form of a conventional loan, as well as Jumbo loans.


A Rockland Trust ARM lets you lock into an interest rate for three, five or seven years. After this initial period, your rate is reset annually (based on a corresponding financial index) over the remainder of the 30-year term. 


What else should you know about ARMs?

  • The initial fixed rate and monthly principal and interest (P&I) payments can be lower than what you'll find with fixed-rate loans. 

  • Following the designated period, your interest rate could go up or down. However, the amount the rate can increase from year to year and over the life of the loan is capped to offer you a measure of protection. 

  • Due to the possibility of rate increases, you must be sure you would be able to make larger monthly payments down the line. 


Get Started Today

For assistance in determining which option is right for you, please speak with one of our loan officers today

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