Colorado 7/1 Year ARM Jumbo Mortgage Rates 2024

Compare Colorado 7/1 Year ARM Jumbo Mortgage Mortgage Rates with a loan amount of $600,000. Use the search box below to change the mortgage product or the loan amount. Click the lender name to view more information.

10-Year Fixed Mortgage 15-Year Fixed Mortgage 20-Year Fixed Mortgage 30-Year Fixed Mortgage 30-Year FHA Mortgage 5/1 ARM Mortgage 7/1 ARM Mortgage 10/1 ARM Mortgage 15-Year Fixed Jumbo Mortgage 20-Year Fixed Jumbo Mortgage 30-Year Fixed Jumbo Mortgage 5/1 ARM Jumbo Mortgage 7/1 ARM Jumbo Mortgage 10/1 ARM Jumbo Mortgage 10-Year Fixed Mortgage Refinance 15-Year Fixed Mortgage Refinance 20-Year Fixed Mortgage Refinance 30-Year Fixed Mortgage Refinance 30-Year FHA Mortgage Refinance 5/1 ARM Refinance Mortgage 7/1 ARM Refinance Mortgage 10/1 ARM Refinance Mortgage 15-Year fixed Jumbo Mortgage 20-Year Fixed Jumbo Mortgage 30-Year fixed Jumbo Mortgage 5/1 ARM Jumbo Mortgage 7/1 ARM Jumbo Mortgage 10/1 ARM Jumbo Mortgage

Loan Amount:

State or Zip:

New Search

Advanced

Advanced Mortgage Search

Transaction:

Purchase Refinance

Loan amount value:

House Value

LTV value:

State:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Period:

10-Year Fixed 15-Year Fixed 20-Year Fixed 30-Year Fixed 40-Year Fixed 1-Year ARM 3-Year ARM 5-Year ARM 7-Year ARM 10-Year ARM 3-Year ARM I/O 5-Year ARM I/O 7-Year ARM I/O

Loan Type:

FHA VA Conv All

Points:

0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points

Property Type:

Single Family Condo <= 4 Condo > 4 2 units 3 units 4 units

FICO:

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Occupancy:

Primary Residence Second Home Investment

Do you have a property that you're interested in?

Yes No

Are you currently working with a real estate agent?

Yes No

Advanced Search

Colorado 7/1 Year ARM Jumbo Mortgage

December 4, 2024
Average: 6.68% APR

Advertiser Disclosure

Lender	APR	Rate (%)	Monthly Payment?
Reliant Home Loans NMLS ID: 1945532	5.630% 7 Yr ARM	5.500% Fees & Points $8,670 Total 0.945 Pts: $5,670 $3,000 Fees	$3,407	Learn More See Table View
Pure Rate Mortgage NMLS ID: 2578474 License#: 2578474	5.967% 7 Yr ARM	5.875% Fees & Points $5,958 Total 0.818 Pts: $4,908 $1,050 Fees	$3,550	Learn More See Table View
Veterans United Home Loans NMLS ID: 1907	0% Down VA Loans for Veterans & Military Secure preapproval quickly with 24/7 access Competitively low VA rates, no PMI required Over 300,000 verified 5-star reviews 7 Yr ARM			Learn More
FHAloans.com NMLS ID: Not a Lender	2025 FHA Loan tools and resources Find answers to your mortgage questions Easy to qualify, no obligation 7 Yr ARM			Learn More
CrossCountry Mortgage NMLS ID: 3029	Top 3 Lender: Trusted and established. 19K+ 5-star reviews: Proven customer satisfaction. Wide mortgage selection: Tailored solutions. Unmatched expertise: Your path to homeownership. 7 Yr ARM			Learn More
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.
Jovia Financial Credit Union Updated 02/28/2023 Restrictions	6.59%	5.63% 0.00 points $0.00 fees	$3,453.94	Learn MoreShow Less See Table View
U.s. Bank National Association Updated 05/07/2023	7.12%	6.50% 0.00 points $0.00 fees	$3,792.41	Learn MoreShow Less See Table View
Ent Credit Union Updated 11/29/2024 Restrictions	6.82%	6.55% 0.00 points $0.00 fees	$3,812.55	Learn MoreShow Less See Table View
Ent Credit Union Updated 11/29/2024 Restrictions	6.85%	6.58% 0.00 points $0.00 fees	$3,824.82	Learn MoreShow Less See Table View
Tower Credit Union Updated 06/15/2022 Restrictions	7.40%	6.75% 0.00 points $0.00 fees	$3,891.59	Learn MoreShow Less See Table View
Charles Schwab Bank, Ssb Updated 11/29/2024	7.00%	6.76% 0.00 points $3,210.00 fees	$3,894.78	Learn MoreShow Less See Table View
First Technology Credit Union Updated 02/06/2023 Restrictions	7.11%	7.00% -0.13 points $0.00 fees	$3,991.81	Learn MoreShow Less See Table View
State Employees Cu Of Maryland, Inc Credit Union Updated 06/15/2022 Restrictions	7.27%	7.00% 0.00 points $2,784.00 fees	$3,991.81	Learn MoreShow Less See Table View
Charles Schwab Bank, Ssb Updated 11/29/2024	7.22%	7.04% 0.00 points $3,210.00 fees	$4,008.75	Learn MoreShow Less See Table View
Firstbank Updated 05/24/2024	7.33%	7.40% 0.00 points $0.00 fees	$4,155.10	Learn MoreShow Less See Table View
Virginia Credit Union, Inc., Credit Union Updated 06/15/2022 Restrictions	7.83%	7.50% 0.13 points $2,784.00 fees	$4,195.29	Learn MoreShow Less See Table View
Firstbank Updated 05/24/2024	7.47%	7.68% 0.00 points $0.00 fees	$4,267.83	Learn MoreShow Less See Table View
Data provided by BestCashCow

Advertiser Disclosure: The lenders whose rates and other terms appear on this chart are ICB's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

¹ Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.

Fixed Rate/Adjustable Rate Jumbo – APR's are based on a 600,000 loan for a purchase transaction of an owner occupied, single-family residence, and up to 70% loan-to-value ratio in Colorado. Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice. Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.

Rates from this table are based on loan amount of $600,000 and a variety of factors including credit score and loan to value ratios. Rates may change at any time and are not guaranteed to be correct. For specific requirements please check with the lender.

Adjustable Rate Mortgages 2024

An Adjustable Rate Mortgage (ARM) starts with a rate for a fixed period. In a 5/1 ARM, the fixed period is 5 years, and in a 7/1 or 10/1 it is 7 and 10 years, respectively. After that fixed period, the rate adjusts. It can adjust up or down at that point. Most ARMs have provisions that state exactly how it can adjust and it is usually adjustable based on either the 10-Year US Treasury rate or the 6 month LIBOR rate (The loan document will specify exactly how it can adjust, with language like "after x years, the rate adjusts each January 1 to 6 month LIBOR plus 3%". Some states have laws that limit how much an ARM can adjust. As a borrower entering into an ARM, it is imperative that you understand how and when an ARM can adjust.

Unlike an Interest Only Loan, ARMs are amortizing loans. Each month the mortgage holder makes a payment to the bank that covers the interest for that month and an amount allocated to payment of principal. At the end of the mortgage (most ARMs have a 30 year length), the mortgage is completely paid off because it has been completely amortized through the component of monthly payments attributable to principal repayments.

Adjustable Rate Mortgages can be great loans for those with high net income and earnings capacity who are confident that they can either pay off the loan or get a new loan before the rate begins to adjust. ARMs also make sense for borrowers who do not intend to stay in the home beyond the length for which the rate is fixed. These loans enables a borrower to get a much lower interest rate than may be available on a 30-year or a 15-year fixed mortgage and to build equity in their homes. Those who intend to stay for longer periods in their homes, those who do not believe that they will have the ability to pay off their mortgage when the fixed period ends, and/or those who want to protect themselves from the possibility of much higher rates down the road should consider longer-term fixed rate mortgages.

Mortgage Resources

• Finding the Right Mortgage Product for You
• Mortgage Prequalification versus Mortgage Preapproval
• Be A Smart Home Buyer - Using the Internet
• Understanding Amortization and How the Mortgage Loan is Paid Down (and Off)
• Guide to Adjustable Rate Mortgages
• Mortgage Points: What is the Difference Between Origination Points and Discount Points?
• Mortgage Closing Costs
• How Much Home Can You Afford to Buy
• 6 Pitfalls to Avoid When Buying A House
• Mortgage Advice for Lawyers, Doctors and Young Professionals with High Student Debt
• Do's And Don't For Mortgages During Divorce
• Common Mortgage Misconceptions That Could Cost You Money

The Insider's Guide to Mortgages

Download

LATEST ARTICLES ON Mortgages

• How to Handle Higher Mortgage Rates
• 9 Major Mortgage Mistakes to Avoid to Keep Your Mortgage Pre-Approval
• 6 Simple Ways to Pay off Your Mortgage Faster
• 10 Pros and Cons of Using A Mortgage Broker
• Frenetic Construction on New York’s Billionaires Row Is a Disaster Waiting to Happen
• What to Consider as Rates Rise: Fixed-Rate Mortgages vs. ARMs
• Are Higher Mortgage Rates on the Way?
• Kamala Harris needs to Explain Failure to Prosecute Mnuchin Before She can Run in 2020

See All Mortgage Articles