Central Bank of St. Louis

  • A happy couple holding up keys to their new home
  • Adjustable-Rate Mortgage

    An Adjustable-Rate Mortgage (ARM) is a great financing solution for flexible payment options through the life of your home loan. We have competitive rates and know your market like the back of our hand.

    For homebuyers that plan to stay in a particular house or area for only 3-5 years, an Adjustable-Rate Mortgage is the borrowing solution that will align with your timeline. The interest rates of an Adjustable-Rate Mortgage reflect the current state of the market.

  • Benefits of an Adjustable-Rate Mortgage:
    • A lower initial interest than most fixed rate loans
    • Lower payments at the beginning of the loan
    • A good choice for short-term buyers
    • Your interest rate is determined by market conditions – if rates increase, so does your payment and if rates decrease, so could your payment
    • There are no penalties for paying extra principal on your loan
    • You choose the life of your loan

  • Not sure what loan option works best for you? Talk to one of our lenders.

    Our lenders are always happy to help answer any of your mortgage related questions. Reach out and contact one of our lenders today!

  • Equal Housing Lender. Equal Housing Lender. Member FDIC.