Adjustable Rate Mortgages
We have dozens of Adjustable Rate Mortgage (ARM) loan programs to best match your funding requirements and financing objectives.
You can pick the ARM Index for your loan that best meets your interest rate outlook and financing needs. Click Here for more ARM Index information.
Traditional "no negative amortization" ARMs are available with initial interest rates and fully-amortizing monthly payments that are fixed anywhere from 6 months to 1, 3, 5 or 7 years, and with rates that adjust either semi-annually or annually thereafter.
Several Interest-Only ARMs available. Some ARMs provide for Interest Only payments, to keep your minimum monthly payment as low as possible without the potential for incurring "negative amortization". Pacific Trust Bank offers both ARMs with interest-only payments for an initial specific period of time, followed by fully-amortized payments for the remaining term of the loan; and interest-only payments the life of the loan, followed by a balloon payment of the full remaining balance on the maturity date.
For detailed "Advance Disclosure" information about each of our Adjustable Rate Mortgage loan programs, Click Here.
Please see the "Consumer Handbook on Adjustable Rate Mortgages" (the CHARM booklet), published by the the Board of Governors of the Federal Reserve System and the Office of Thrift Supervision, which provides information to consumers about the features and risks of adjustable rate mortgage loans.
For general information about interest-only and low minimum payment mortgage programs, please also see: "Interest-Only Mortgage Payments and Payment-Option ARMs – Are They for You?"
Programs are available for the purchase or refinance of owner-occupied primary residences, second or vacation homes, and even rental properties.
Pacific Trust Bank makes residential loans on single-family properties, condo's, duplexes, and even multi-family apartment buildings.
First Time Home Buyer Mortgage Home Loan Programs
To meet the needs of the first-time home buyer, we specialize in offering a wide variety of adjustable rate mortgage programs ("ARMs").
Special Loan Programs to Minimize Your Monthly House Payments or Maximize your Borrowing Power
Pacific Trust Bank is here to make loans and to meet your borrowing needs. Our flexible lending philosophy means that, if one of our standard mortgage programs doesn't quite fit your needs and objectives, we'll even hand tailor one for you that does.
Not sure which home loan is right for you, or need more information?
Talk over your home financing needs with a Pacific Trust loan officer. We're here to help. Call us toll-free at (877) 441-BANK.
 Pacific Trust Bank is an equal housing lender.
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