Where to Get the Best St Petersburg Mortgage Rates on an ARM

If you’re considering buying a home, but conventional fixed rate mortgages aren’t for you, consider obtaining an adjustable rate mortgage instead. ARMs function differently than regular mortgage loans, and presently, you could obtain an exceptionally competitive interest rate on one.

We’ve listed the very best Saint Petersburg mortgage rates available for adjustable rate mortgages in the area. Find out where you can get your hands on a great rate in your city.

Top Saint Petersburg, FL ARM Rates

Whether you opt for a conventional financial institution, a credit union or are thinking about financing online, there are a number of options available:

Best Saint Petersburg Mortgage Rates: 3/1 ARM

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 3.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Saint Petersburg: 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Raymond James Bank: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you confirm these mortgage rates with the lender before applying. Mortgage rates are accurate as of October 15, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Saint Petersburg mortgage rate.