With a West Alabama Bank Adjustable Rate Mortgages, your interest rate will stay the same generally for three, five or seven years, and then can change periodically after that. That makes ARMs an excellent choice of financing and you generally get a lower initial rate and monthly payment.

• 30, 20, 15, & 10 year loans available
• Low down payment options
• Purchases and refinances on primary residences, 2nd homes, and investment properties
• Lower initial interest rates compared to fixed rate loans
• No pre-payment penalty