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VA Mortgage ARM

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MrChairman
Established Contributor

VA Mortgage ARM

I am going VA. I was going for the 30 yr fixed but I know for a fact that I won't be in the house longer than 7 years max. I am thinking about a 7/1 ARM. Is this allowed when going VA or does it have to be a fixed rate?


Starting Score:TransUnion: 698 (12 FEB 2010), Equifax: 674 (12 FEB 2010)
Current Score (Lender Pulled):TransUnion: 684 (12 SEP 2016), Equifax: 696 (12 SEP 2016), Experian: 679 (12 SEP 2016)
Goal Score:All scores All scores at least 700+ by December 2017!!

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