October 18th, 2008

Here are Todays Amazing Arm Rest Deals!

AIRCAST ELBOW ARMBAND WORK TENNIS GOLF ALL SPORTS NEW
AIRCAST ELBOW ARMBAND WORK TENNIS GOLF ALL SPORTS NEW
$12.68
Time Remaining: 4d 46m
Buy It Now for only: $12.68
Rascal UltraLite Fold  Go Electric Mobility Scooter Retail 3200 BRAND NEW
Rascal UltraLite Fold Go Electric Mobility Scooter Retail 3200 BRAND NEW
$330.00 (11 Bids)
Time Remaining: 20h 54m
Rascal AutoGo Power Folding Electric Mobility Travel Scooter Brand New 555B
Rascal AutoGo Power Folding Electric Mobility Travel Scooter Brand New 555B
$575.00 (39 Bids)
Time Remaining: 20h 52m
Adjustable Height Aluminum Bathroom Toilet Safety Rails
Adjustable Height Aluminum Bathroom Toilet Safety Rails
$29.99
Time Remaining: 13d 11h 44m
Buy It Now for only: $29.99
Rascal AutoGo Power Folding Electric Mobility Travel Scooter Brand New 555B
Rascal AutoGo Power Folding Electric Mobility Travel Scooter Brand New 555B
$305.00 (10 Bids)
Time Remaining: 4d 2h 42m
Rascal UltraLite Fold  Go Electric Mobility Scooter Retail 3200 BRAND NEW
Rascal UltraLite Fold Go Electric Mobility Scooter Retail 3200 BRAND NEW
$255.00 (18 Bids)
Time Remaining: 4d 2h 43m
Medline Aluminum Transport Chair RED With 12 Rear Wheels Weighs Only 22LBS
Medline Aluminum Transport Chair RED With 12 Rear Wheels Weighs Only 22LBS
$148.99
Time Remaining: 23d 7h 45m
Buy It Now for only: $148.99
Quickie 2 Wheel Chair MINT Condition Lots of upgrades Heavy Duty 19 BLUE GRN
Quickie 2 Wheel Chair MINT Condition Lots of upgrades Heavy Duty 19 BLUE GRN
$625.00
Time Remaining: 2h 28m
JET 3 ULTRA L+R ARM REST IN GREAT CONDITION
JET 3 ULTRA L+R ARM REST IN GREAT CONDITION
$4.45 (9 Bids)
Time Remaining: 11h 46m
300 lbs Capacity Aluminum Rollator Walker w 8 Wheels
300 lbs Capacity Aluminum Rollator Walker w 8 Wheels
$86.66
Time Remaining: 6d 22h 35m
Buy It Now for only: $86.66
Roll GT Aluminum Wheelchair 18 Seat Quick Release Wheels Lifetime Warranty 1M
Roll GT Aluminum Wheelchair 18 Seat Quick Release Wheels Lifetime Warranty 1M
$209.99
Time Remaining: 16h 29m
Buy It Now for only: $231.99
LIGHTWEIGHT FOLDING WHEELCHAIR W LARGE 23 REAR WHEELS
LIGHTWEIGHT FOLDING WHEELCHAIR W LARGE 23 REAR WHEELS
$79.99
Time Remaining: 17d 20h 47m
Buy It Now for only: $79.99
Powerchair Joystick armrest extender for for Jazzy 1113 by Pride
Powerchair Joystick armrest extender for for Jazzy 1113 by Pride
$29.99
Time Remaining: 6h 56m
Buy It Now for only: $59.00
Powerchair armrest for Jazzy 1113 by Pride
Powerchair armrest for Jazzy 1113 by Pride
$49.99
Time Remaining: 6h 56m
Buy It Now for only: $89.00
Lumiscope Universal Blood Pressure Bulb
Lumiscope Universal Blood Pressure Bulb
$5.99
Time Remaining: 17d 4h 15m
Buy It Now for only: $5.99
20 Seat Lightweight Wheelchair with Removable Desk Length Arms Fast Shipping 1O
20 Seat Lightweight Wheelchair with Removable Desk Length Arms Fast Shipping 1O
$134.99
Time Remaining: 14h 5m
Roll Mobility Alpha 16 Seat Folding Lightweight Wheelchair Lifetime Warranty 1S
Roll Mobility Alpha 16 Seat Folding Lightweight Wheelchair Lifetime Warranty 1S
$94.99
Time Remaining: 12h 47m
Set of short desk length size wheelchair padded armrest wheelchair parts
Set of short desk length size wheelchair padded armrest wheelchair parts
$15.00
Time Remaining: 1d 7h 55m
Buy It Now for only: $15.00
Aluminum 18 Wheelchair GT Quick Release Wheels Roll Mobility Fast Shipping 1Z
Aluminum 18 Wheelchair GT Quick Release Wheels Roll Mobility Fast Shipping 1Z
$194.00
Time Remaining: 1d 54m
Buy It Now for only: $234.99
New Medline Transport Chair Wheelchair with Brakes Red
New Medline Transport Chair Wheelchair with Brakes Red
$149.76
Time Remaining: 16d 2h 43m
Buy It Now for only: $149.76
Roll GT Aluminum Wheelchair 18 Seat Quick Release Wheels Lifetime Warranty 1M
Roll GT Aluminum Wheelchair 18 Seat Quick Release Wheels Lifetime Warranty 1M
$194.99
Time Remaining: 1d 2h 17m
Buy It Now for only: $231.99
Rifton Small Low Back Pediatric Toileting System Chair Special Needs
Rifton Small Low Back Pediatric Toileting System Chair Special Needs
$69.99
Time Remaining: 1d 10m
Better Sleep Pillow
Better Sleep Pillow
$99.95
Time Remaining: 4d 55m
Buy It Now for only: $99.95
Summit Chair Stair Lift
Summit Chair Stair Lift
$1,199.00
Time Remaining: 23h 58m
Brooks Indoor Stairlift Chairlift Left Hand New
Brooks Indoor Stairlift Chairlift Left Hand New
$1,895.00
Time Remaining: 1d 22h 29m
Buy It Now for only: $2,295.00
Band It XM Magnetic Tennis Elbow Support bandit GOLF
Band It XM Magnetic Tennis Elbow Support bandit GOLF
$27.50
Time Remaining: 28d 2h 32m
Buy It Now for only: $27.50
Brooks Indoor Stairlift Chairlift Right Hand New
Brooks Indoor Stairlift Chairlift Right Hand New
$1,895.00
Time Remaining: 1d 22h 29m
Buy It Now for only: $2,295.00
Brooks Indoor Stairlift Chairlift Right Hand New
Brooks Indoor Stairlift Chairlift Right Hand New
$1,895.00
Time Remaining: 1d 22h 29m
Buy It Now for only: $2,295.00
Band It XM Magnetic Bowling Elbow Support bandit GOLF
Band It XM Magnetic Bowling Elbow Support bandit GOLF
$27.50
Time Remaining: 22d 22h 57m
Buy It Now for only: $27.50
Invacare Pronto Power Wheelchair Go Power
Invacare Pronto Power Wheelchair Go Power
$699.00
Time Remaining: 20h 50m
Buy It Now for only: $829.00
Large Power chair Wheel chair Arm rest Tote Bag B2111
Large Power chair Wheel chair Arm rest Tote Bag B2111
$31.80
Time Remaining: 19d 6h 53m
Buy It Now for only: $31.80
Drive CRUISER III Wheelchair with Full 18 Flip Back Armrests
Drive CRUISER III Wheelchair with Full 18 Flip Back Armrests
$99.00
Time Remaining: 1d 9h 4m
DONJOY Ultrasling III Black Arm Sling Size Large
DONJOY Ultrasling III Black Arm Sling Size Large
$9.99 (1 Bid)
Time Remaining: 1d 1h 56m
HUMAN VOICE A1 LOUD  CLEAR ENGLISH TALKING WATCH 2 alarms rooster crow 12 24
HUMAN VOICE A1 LOUD CLEAR ENGLISH TALKING WATCH 2 alarms rooster crow 12 24
$19.85
Time Remaining: 26d 10h 35m
Buy It Now for only: $19.85
Aluminum Wheelchair with Quick Release Wheels Roll Mobility GT 18 Free Ship 1Z
Aluminum Wheelchair with Quick Release Wheels Roll Mobility GT 18 Free Ship 1Z
$209.99
Time Remaining: 2d 4h 25m
Buy It Now for only: $234.99
Quickie Wheelchair Parts Wheel locks hand grips flip up arm rests
Quickie Wheelchair Parts Wheel locks hand grips flip up arm rests
$30.00
Time Remaining: 7h 25m
32 Insta Arm PERFORMANCE Folding Reacher With SQUEEZE LOCK FREE SHIPPING
32 Insta Arm PERFORMANCE Folding Reacher With SQUEEZE LOCK FREE SHIPPING
$13.49
Time Remaining: 19d 11h
Buy It Now for only: $13.49
Wheelchair Scooter Armrest Cover with tote 14 cover with 6x9 Tote bag Washable
Wheelchair Scooter Armrest Cover with tote 14 cover with 6x9 Tote bag Washable
$12.99
Time Remaining: 2d 23h 11m
Lumiscope Manual Blood Pressure Monitor Kit
Lumiscope Manual Blood Pressure Monitor Kit
$26.95
Time Remaining: 17d 4h 15m
Buy It Now for only: $26.95
Quilted Wheelchair Scooter Armrest Cover with Tote Bag 12x4 Straawberry on Blue
Quilted Wheelchair Scooter Armrest Cover with Tote Bag 12x4 Straawberry on Blue
$12.99
Time Remaining: 2d 23h 11m
THE LIBERTY 3 5 POWER BATTERY OPERATED WHEEL CHAIR MOBILITY  COMFORT
THE LIBERTY 3 5 POWER BATTERY OPERATED WHEEL CHAIR MOBILITY COMFORT
$999.99
Time Remaining: 1d 6h 36m
Buy It Now for only: $1,149.99
2 HANDICAP TOILET SAFETY FRAME RAIL SUPPORT GRAB BAR
2 HANDICAP TOILET SAFETY FRAME RAIL SUPPORT GRAB BAR
$39.99
Time Remaining: 26d 10h 56m
Buy It Now for only: $39.99
POWERCHAIR GUARDIAN ASPIRE M11
POWERCHAIR GUARDIAN ASPIRE M11
$299.00
Time Remaining: 1d 22h 59m
The Scooter Store Electric Wheelchair Powerchair
The Scooter Store Electric Wheelchair Powerchair
$650.00
Time Remaining: 1d 9h 1m
Cup Holder for Scooter or Powerchair Disability Aid
Cup Holder for Scooter or Powerchair Disability Aid
$18.50
Time Remaining: 19d 19m
Buy It Now for only: $18.50
EXCELLENT BIG BOUNDER 21st CENTURY BARIATRIC POWER WHEELCHAIR
EXCELLENT BIG BOUNDER 21st CENTURY BARIATRIC POWER WHEELCHAIR
$3,699.99
Time Remaining: 5d 7h 44m
Buy It Now for only: $4,299.99
Clamp on Locking Raised Elevated Toilet Seat with Padded Arms Arm Rests
Clamp on Locking Raised Elevated Toilet Seat with Padded Arms Arm Rests
$33.99
Time Remaining: 24d 1h 13m
Buy It Now for only: $33.99
Cup Holder for wheelchairs walkers
Cup Holder for wheelchairs walkers
$18.00
Time Remaining: 4h 59m
Buy It Now for only: $20.00
OMRON BLOOD PRESSURE MONITOR 5 SERIES BP742 DIGITAL 9 13 CUFF
OMRON BLOOD PRESSURE MONITOR 5 SERIES BP742 DIGITAL 9 13 CUFF
$12.50 (5 Bids)
Time Remaining: 22h 28m
Invacare Shower Bath Tub Transfer Chair Seat Bathroom Bathtub Bench CareGuard
Invacare Shower Bath Tub Transfer Chair Seat Bathroom Bathtub Bench CareGuard
$63.99
Time Remaining: 20d 2h 18m
Buy It Now for only: $63.99
Wheelchair Manual Quickie R Leg Rest ONLY LQQK NCE PARTS
Wheelchair Manual Quickie R Leg Rest ONLY LQQK NCE PARTS
$99.99
Time Remaining: 23h 4m
Quilted Wheelchair Scooter 16 Armrest Cover with Tote 9x8 Brown Plaid
Quilted Wheelchair Scooter 16 Armrest Cover with Tote 9x8 Brown Plaid
$12.99
Time Remaining: 2d 23h 11m
Medline K1 Quick Ship Basic Wheelchair MDS806150EE
Medline K1 Quick Ship Basic Wheelchair MDS806150EE
$100.99
Time Remaining: 6d 3h 48m
Buy It Now for only: $100.99
SHOPRIDER Medical Power Wheel Chair With Additional items Added to Chair
SHOPRIDER Medical Power Wheel Chair With Additional items Added to Chair
$999.00
Time Remaining: 4d 3h 48m
Buy It Now for only: $1,100.00
Aspire Electric Wheelchair
Aspire Electric Wheelchair
$599.00
Time Remaining: 2d 5h 48m
Buy It Now for only: $1,000.00
Easy Go Chair with Travel Bag Transport Chair Folding Carry Bag Case Storage
Easy Go Chair with Travel Bag Transport Chair Folding Carry Bag Case Storage
$180.55
Time Remaining: 21d 6h 28m
Buy It Now for only: $180.55
2 Quilted Wheelchair or Scooter Armrest Cover 1 with Tote Bag 14x5 Two Pockets
2 Quilted Wheelchair or Scooter Armrest Cover 1 with Tote Bag 14x5 Two Pockets
$13.99
Time Remaining: 2d 23h 11m
NEW FREERIDER LUGGIE FOLDING TRAVEL SCOOTER W WARRANTY
NEW FREERIDER LUGGIE FOLDING TRAVEL SCOOTER W WARRANTY
$2,099.00
Time Remaining: 14d 18h 37m
Buy It Now for only: $2,099.00
Invacare tracker Iv wheel chair barely used
Invacare tracker Iv wheel chair barely used
$102.50 (4 Bids)
Time Remaining: 5h 50m
INVACARE STORM SERIES RANGER X John Deere Themed Power Chair FAST LQQK
INVACARE STORM SERIES RANGER X John Deere Themed Power Chair FAST LQQK
$488.88
Time Remaining: 23h 4m
Omron Model 104MAJ Majestic Manual Blood Pressure Kit
Omron Model 104MAJ Majestic Manual Blood Pressure Kit
$37.00
Time Remaining: 1d 6h 19m
Buy It Now for only: $37.00
Accu Chek Aviva 300 Test Strips New  Sealed DIabetes
Accu Chek Aviva 300 Test Strips New Sealed DIabetes
$119.99
Time Remaining: 1d 6h 34m
Buy It Now for only: $139.99
Medline Wheelchair 16 inch
Medline Wheelchair 16 inch
$115.00
Time Remaining: 3d 7h 51m
Omron replacement cuff
Omron replacement cuff
$24.95
Time Remaining: 22d 3h 8m
Buy It Now for only: $24.95
Ki Mobility 18 Wide 20 Deep Lightweight Manual Wheelchair CATALYST 4 NEW
Ki Mobility 18 Wide 20 Deep Lightweight Manual Wheelchair CATALYST 4 NEW
$745.00
Time Remaining: 2d 1h 28m
Wheelchair Parts Black Full Armrest Pad Pair Soft New
Wheelchair Parts Black Full Armrest Pad Pair Soft New
$15.98
Time Remaining: 3d 12h 23m
Buy It Now for only: $15.98
SEMI AUTOMATIC BLOOD PRESSURE MONITOR IN NIB ARM SIZE 9 12 ACCURATE PULSE
SEMI AUTOMATIC BLOOD PRESSURE MONITOR IN NIB ARM SIZE 9 12 ACCURATE PULSE
$15.00
Time Remaining: 3d 11h 12m
Buy It Now for only: $20.00
Pride Celebrity XL Heavy Duty Mobility Scooter
Pride Celebrity XL Heavy Duty Mobility Scooter
$800.00
Time Remaining: 6d 22h 47m
Buy It Now for only: $1,000.00
LifeSource Replacement Cuff
LifeSource Replacement Cuff
$24.95
Time Remaining: 17d 3h 37m
Buy It Now for only: $24.95
MOORE MEDICAL Professional Deluxe CHILD ANEROID SPHYG A
MOORE MEDICAL Professional Deluxe CHILD ANEROID SPHYG A
$22.95
Time Remaining: 3d 6h 56m
Buy It Now for only: $25.75
Mobility Seat Chair
Mobility Seat Chair
$15.00
Time Remaining: 3d 21h 32m
CASE LOGIC FLIP OVER ARMREST POUCH LATEX FREE BLACK FREE SHIPPING
CASE LOGIC FLIP OVER ARMREST POUCH LATEX FREE BLACK FREE SHIPPING
$9.99
Time Remaining: 29d 2h 23m
Buy It Now for only: $9.99
Mobility Seat Chair
Mobility Seat Chair
$15.00
Time Remaining: 3d 21h 32m
SHEEPSKIN RANCH WHEELCHAIR ARM RESTS BRAND NEW FAST FREE SHIPPING
SHEEPSKIN RANCH WHEELCHAIR ARM RESTS BRAND NEW FAST FREE SHIPPING
$17.99
Time Remaining: 29d 2h 16m
Buy It Now for only: $17.99
Mobility Seat Chair
Mobility Seat Chair
$15.00
Time Remaining: 3d 21h 32m
Wheelchair scooter Armrest Car Organizer Storage Box Carrier Holder Velcro Clip
Wheelchair scooter Armrest Car Organizer Storage Box Carrier Holder Velcro Clip
$6.99
Time Remaining: 1d 9h 43m
Wheelchair Armrest Carry Tote Bag Pouch Pack Organizer
Wheelchair Armrest Carry Tote Bag Pouch Pack Organizer
$21.99
Time Remaining: 15d 1h 47m
Buy It Now for only: $21.99
Memory Foam Comfort Wheelchair Arm Pads
Memory Foam Comfort Wheelchair Arm Pads
$0.99
Time Remaining: 4d 3h 55m
INVACARE 9630 4 Bedside Commode  Light Weight Steel  Arms  Backrest  300lbs
INVACARE 9630 4 Bedside Commode Light Weight Steel Arms Backrest 300lbs
$29.99
Time Remaining: 23h 2m
NEW Scooter Armrest Carry Tote Bag Pouch Pack Organizer
NEW Scooter Armrest Carry Tote Bag Pouch Pack Organizer
$21.99
Time Remaining: 15d 1h 48m
Buy It Now for only: $21.99
Drive Spitfire EX Travel Mobility Power Scooter Wheelchair SPITFIRE142016FS12
Drive Spitfire EX Travel Mobility Power Scooter Wheelchair SPITFIRE142016FS12
$699.00
Time Remaining: 4d 22h 10m
Wheelchair Bathtub Lift and 8 other items MEDICAL MOBILITY EQUIPMENT
Wheelchair Bathtub Lift and 8 other items MEDICAL MOBILITY EQUIPMENT
$1,200.00
Time Remaining: 2d 7h 3m
Buy It Now for only: $1,600.00
MUELLER PROFESSIONAL ELBOW SLEEVE BLACK ALL SIZES
MUELLER PROFESSIONAL ELBOW SLEEVE BLACK ALL SIZES
$8.99
Time Remaining: 16d 5h 44m
Buy It Now for only: $8.99
Wheelchair Guardian Easy Care 4000 lightly used lighter weight tag 33
Wheelchair Guardian Easy Care 4000 lightly used lighter weight tag 33
$200.00
Time Remaining: 4d 16h 43m
Hypoallergenic Bed Lounge Back Support  Reading Pillow
Hypoallergenic Bed Lounge Back Support Reading Pillow
$180.00
Time Remaining: 6d 3h 21m
Buy It Now for only: $180.00
Folding Commode Chair
Folding Commode Chair
$40.00
Time Remaining: 1d 2h 32m
Buy It Now for only: $60.00
Strong Arm Aluminum Cane Walking Stick Works for Left or Right Hand BLACK New
Strong Arm Aluminum Cane Walking Stick Works for Left or Right Hand BLACK New
$34.95
Time Remaining: 4d 2h 25m
PRODIGY AUTOCODE BLOOD GLUCOSE MONITORING REF51890 BRAND NEW
PRODIGY AUTOCODE BLOOD GLUCOSE MONITORING REF51890 BRAND NEW
$24.99
Time Remaining: 12d 23h 26m
Buy It Now for only: $24.99
Gray Portable Folding Bedside Commode Toilet Aid Frame
Gray Portable Folding Bedside Commode Toilet Aid Frame
$0.01
Time Remaining: 2d 11h 8m
Diabetic Medicine travel cooler Electric Keep food and medicine chilled
Diabetic Medicine travel cooler Electric Keep food and medicine chilled
$39.99
Time Remaining: 4d 10h 22m
RAMM TLC Walking Knee Leg Crutch The OnlyOne Only One
RAMM TLC Walking Knee Leg Crutch The OnlyOne Only One
$179.90
Time Remaining: 4d 2h 2m
Buy It Now for only: $179.90
Golden Technologies PR150 EZ Seat Portable Lift Chair Blue
Golden Technologies PR150 EZ Seat Portable Lift Chair Blue
$199.00
Time Remaining: 4d 11h 4m
Buy It Now for only: $249.00
Omron 10 Series Upper Arm Blood Pressure Monitor
Omron 10 Series Upper Arm Blood Pressure Monitor
$75.75
Time Remaining: 13d 1h 9m
Buy It Now for only: $75.75
Tuffcare Challenger Power Wheelchair
Tuffcare Challenger Power Wheelchair
$500.00
Time Remaining: 4d 9h 59m
Buy It Now for only: $650.00
WHEELCHAIR PARTS INVACARE ARM REST ASSEMBLIES
WHEELCHAIR PARTS INVACARE ARM REST ASSEMBLIES
$34.95
Time Remaining: 4d 47m
Buy It Now for only: $39.95
Wheelchair Lap Tray
Wheelchair Lap Tray
$10.22
Time Remaining: 4d 21h 34m
Buy It Now for only: $10.22
Pride Quantum 600 Power Wheel Chair
Pride Quantum 600 Power Wheel Chair
$500.00
Time Remaining: 5d 9h 37m
WHEELCHAIR PARTS INVACARE ARM REST ASSEMBLIES
WHEELCHAIR PARTS INVACARE ARM REST ASSEMBLIES
$34.95
Time Remaining: 4d 6h 9m
Buy It Now for only: $39.95
Wheelchair Accessory Fleece Armrest Cover
Wheelchair Accessory Fleece Armrest Cover
$14.00
Time Remaining: 13d 4h 7m
Buy It Now for only: $14.00
MOBILITY SCREW KNOBS FOR REST ARMS
MOBILITY SCREW KNOBS FOR REST ARMS
$14.95
Time Remaining: 4d 11h 32m

More Great Information on Arm Rest:

Revolutionary Fixed Rate Option Arm Mortgages by Tristan Hunt

Love it or hate it, the Payment Option ARM or Pick a Pay mortgage has become one of the most popular home loans in the USA, and is definitely the fastest growing option in high cost states like California, New York, New Jersey and Connecticut. While many people love the 1% start rates, there are a lot of people who don't feel comfortable with the possibility of payments increasing in as little as 1 month on many of the most common programs. The common wisdom is that Option ARMs are incredible products for savvy homeowners and investors, but may be too powerful for the average homeowner to handle.

Introducing Hybrid ARMs

For the rest of us, an innovative class of new loans has been recently introduced for homeowners who want the security of a Fixed Rate mortgage, with the flexibility and exceptionally low payments of an Option Arm. These home loans go by many names, including Hybrid Option & Fixed Option Arms, but they have one thing in common: A fixed payment for several years. Some of these mortgages have fixed interest rates, some of them have fixed minimum payments which don't go up, and some of them have both!

So what are the key benefits of Hybrid ARMs?

- Fixed Minimum Payments for 1, 3, 5 or 7 years
- Fixed Interest Rates for the Full Term on Many Programs
- Minimum Payment is typically 55% lower than a Regular Loan
- Increased Cash Flow, Decreased Risk Makes Housing Affordable & Secure
- Interest Only Payment Option Continues Even After Recast
- Greatly Reduces the Sticker Shock of a Fixed Mortgage
- Greatly Reduces the Payment Shock of an Adjustable Mortgage
- Greatly Reduces Negative Amortization
- Retains Flexibility of an Option ARM

Like an Option ARM, Your Payment Coupon Has 4 Options on it

1. Minimum Payment
2. Interest Only Payment
3. 15 Year Fixed Amortized Payment
4. 30 or 40 Year Amortized Payment

A Real World Example

Your Minimum Payment is generally 55% of what a regular fixed rate mortgage would cost. Let's take a look at a hypothetical scenario. Jane has a house in California which has been appraised for $400,000 and has a traditional fixed rate mortgage on the property of $200,000 on which she pays $1467.00 per month before taxes & insurance. If Jane were to refinance this mortgage into a Fixed Option ARM, her minimum monthly payment would be about $800 dollars, about 55% of the cost she was paying previously. And both rate and minimum payment would still be fixed for 3, 5 or even 7 years. In fact Jane could take out $100,000 in cash out when she refinanced and she would still have a minimum payment of $1200 per month, and both rate and payment would remain fixed for 3, 5, or 7 years.

But Do I Qualify?

Because of the very low effective rate of this financing and the very generous terms, these types of loans are generally available only to borrowers with credit scores of 620 or more. If you don't know your credit score, you should call your loan officer and find out. Other things to look out for are any late payments on your mortgage in the past 1 to 2 years, and of course any serious delinquencies like liens or judgments on your credit report. Also, you will usually be limited to borrowing no more than 80% to 95% of the value of your home. And if you talk to your loan officer and they haven't done a lot of Hybrid ARMs, get a new mortgage company, because there are a lot of ways they can steer you wrong simply out of ignorance (which we cover in a few of our other articles on the subject). These Hybrid loans are very new, very powerful financial tools and are best handled by those with extensive experience with the product.

But Wait There's More!

We've had so many questions from consumers and success stories from our customers who have used this loan, that we have decided to publish a series of articles to inform our readers about this new category of products, and will be covering a variety of topics including some of the most common and some of the most creative uses of this financing, as well as a detailed look at the benefits and risks of this type of mortgage as compared to traditional fixed mortgages and Option ARMs.

Tristan Hunt is a seasoned financial professional with a wealth of experience in the mortgage industry, advising clients on Debt Consolidation & Refinancing. Phone: 800-515-8443 Website: http://RefinanceOne.net

Article Source: http://www.earticlesonline.com/Article/Revolutionary-Fixed-Rate-Option-Arm-Mortgages/70115

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