We offer an array of competitive adjustable mortgage products at a variety of rates and terms. For rate information, call a Darien Rowayton Bank representative.

3/1 Year Adjustable Rate Mortgage

• The interest rate is fixed for three years, after which rates can change every year
  
• The interest rate cannot go up or down more than 2% a year, and cannot go up more than 6% over the life of the loan
  
• An attractive financing option for customers looking for the security of a low-interest locked-in mortgage rate yet planning to sell their homes within a few years to mitigate the risk of increasing rates
  

5/1 Year Adjustable Rate Mortgage

• The interest rate is fixed for five years, after which rates can change every year
  
• The interest rate cannot go up or down more than 2% a year, and cannot go up more than 6% over the life of the loan
  
• An attractive financing option for customers looking for the security of a locked in mortgage rate for an extended period of time yet planning to sell their homes within a few years to mitigate the risk of increasing rates
  

7/1 Year Adjustable Rate Mortgage

• The interest rate is fixed for seven years, after which rates can change every year
  
• The interest rate cannot go up or down more than 5% at the first rate change; thereafter the interest rate cannot go up or down more than 2% at each rate change
  
• The interest rate cannot go up more than 6% over the life of the loan
  
• An attractive financing option for customers looking for the security of locked-in rates but who anticipate fluctuations in mortgage rates
  

Jumbo Adjustable Mortgages

Jumbo adjustable mortgages are available at competitive rates.

Contact a Darien Rowayton Bank representative for more information.