What type of mortgage is an ARM? From Wikipedia, the free encyclopedia. A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.
Can you pay off a Heloc early? Mortgage Guide At any time, you can pay off any remaining balance owed against your HELOC. Most HELOCs have a set termwhen the t... more
