A mortgage in which the borrower receives a below-market interest rate for a specified number of years (most often seven or 10), and then receives a new interest rate adjusted (within certain limits) to market conditions at that time. The lender sometimes has the option to call the loan due with 30 days notice at the end of seven or 10 years.
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Betty is a professional California licensed real estate agent at Malibu Estates. She believes that each and every one of her clients deserves her best. From start to finish, you can depend on Betty’s excellence and quality in customer care and service. Whether you are selling, buying, or leasing, her number one priority is always you and your needs and desires. She is available and will go above and beyond the call of duty on your behalf.