The sum of the published index plus the margin. For example, if the index were 9 percent and the margin 2.75 percent, the indexed rate would be 11.75 percent. Often, lenders charge less than the indexed rate the first year of an adjustable rate mortgage (ARM).


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Get Social with Jim Crowder

Crowder Mortgage

Jim Crowder

1434 Spruce Street

STE 100

Boulder, CO 80302


877.762.4375

303.243.3918