A clear and easy home loan solution
In the midst of all the bad news surrounding adjustable-rate mortgages, and despite the fact that mortgage rates aren’t anywhere near as low as people would like them to be, ING Direct is mass mailing about their ARM:
A mortgage without surprises
We believe you have the right to a mortgage that fits your needs and isn’t filled with surprises. That’s why we offer the 7/1 Orange Mortgage:
- Low Closing Costs and No Bank Fees
- Options that match most homeowners needs
- Save thousands during the initial fixed rate of 7 years
On average, Americans keep their mortgage for no more than 7 years. Why not fix your rate for the amount of time you plan to live in your house or keep your mortgage?
See for yourself how we stack up against the competition:
Lender Rate Points APR ING DIRECT 5.875% 0.000 5.953% Countrywide 6.625% 0.000 6.262% Wells Fargo 7.500% 0.125 6.741% E-Loan 6.750% 0.969 6.427% Indymac 6.750% 0.000 6.333% Sources: Bank sites as of 6/24/08. 7/1 Adjustable Rate Mortgage Annual Percentage Rates based on a $235,000 mortgage. APRs include common and customary closing costs. Rates may change at any time.
