Rick Elmendorf at Rate NMLS 485091

Rick Elmendorf at Rate NMLS 485091 Rick Elmendorf, NMLS 485091

Branch Manager / SVP of Mortgage Lending at Rate (operating as Guaranteed Rate, Inc. in New York state) NMLS 2611. VA Loan Expert.

Top 1% of Loan Officers Nationwide. CEO of Project My Home and Creator of 3% Lower. https://linktr.ee/rickelmendorf

A mortgage company who grows for good. We believe you’re amazing and can do anything you want in the world. Believe you can and you will. For licensing information, go to www.nmlsconsumeraccess.org | www.rate.com/licensing

08/30/2026

The margin can make a major difference when an ARM adjusts.

This VA ARM uses a margin that is unusually low.

And that could help keep future payments more affordable.

08/29/2026

Not all adjustable-rate mortgages carry the same level of risk.

This VA ARM has a cap that limits yearly increases.

And that protection could make a bigger difference than expected.

08/28/2026

A lower mortgage rate can make a surprisingly big difference.

On a $500,000 loan, those monthly savings add up quickly.

And the five-year guaranteed savings may surprise you most.

08/27/2026

VA borrowers struggling with today's rates, consider the VA 5/1 ARM. It offers a significantly lower payment than a 30-year fixed, potentially unlocking the home you love.

08/26/2026

Adjustable rate mortgages adjust based on market index and a fixed bank margin. VA 5/1 ARMs have a notably low margin, typically only 1.75%. This low margin, combined with the index, keeps your loan affordable over time, often resulting in a lower rate than a 30-year fixed mortgage.

08/25/2026

Curious why people choose the VA 5/1 ARM? It offers guaranteed cash flow for 5 years. Plus, it's incredibly safe with a low 1% annual cap on rate adjustments, protecting you from huge payment hikes.

08/24/2026

You can lock in a much lower VA rate for five years.

But there is a reason lenders can offer that rate.

What happens after those five years is where it gets interesting.

08/24/2026

Ever wondered why an ARM rate is lower? Lenders offer a reduced rate because they're only locking it in for 5 years, not 30. This typically means savings of 0.75% to 1% compared to a 30-year fixed.

08/23/2026

Conventional ARMs come with risks and high margins. But the VA loan is different. Discover why the VA 5/1 ARM is not only a safe mortgage option but also incredibly affordable for VA borrowers.

08/22/2026

Discover why the VA 5/1 ARM is more than just a safe mortgage—it's one of the most affordable options for VA borrowers. Your interest rate is locked for the first 5 years, offering significant savings.

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2590 Northbrooke Plaza Drive, Suite #302
Naples, FL
34119

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