Important Details

Adjustable Rate Mortgage (ARM Loan)*

With an ARM Loan, Combine the
Initially Low Fixed-Rate with
Adjustable Rates Later On Apply Now

An adjustable rate mortgage, or ARM loan gives you the option of an initial fixed rate period, of typically 3, 5 or 7 years. After the initial fixed-rate period, the interest rate adjusts and continues to adjust for the life of the loan. The combination of an initially low fixed-rate period with later adjustments makes an adjustable rate mortgage an attractive option for some customers.

What Type of Mortgage Is Right for You?

Not sure if you need an adjustable rate mortgage loan or a traditional fixed rate mortgage? Visit the Homeowner’s Café to learn which loan is best for you and discover other mortgage resources.

Adjustable Rate Mortgage (ARM Loan)

Enjoy 3.300% APR for a 5 year ARM* or 3.477% APR for a 7 year ARM*. Rates as of 07/16/2015 and are subject to change without notice.

Local Decision Making in Utah and Idaho

Zions Bank takes pride in serving local communities—combining low rates with responsive turnaround times with local decision making on all adjustable rate mortgages in Utah and Idaho.

Already Applied for an Adjustable Rate Mortgage Loan Online?

Check the status of your adjustable rate mortgage application online anytime.

Important Details


* Advertised adjustable 3.300%APR (fixed for first 5 years) and adjustable APR3.477%(fixed for first 7 years) is based on an index plus a margin and may increase after the loan closes (after the initial fixed 5 or 7 year periods). Important terms and conditions for advertised loans: 1) Permanent loans are 30-year amortized, 5/1 ARM and 7/1 ARM where the interest rate charged is based on a variable rate and is fixed for the first 5 or 7 years (no rate adjustments occur during this time frame) and adjusts annually thereafter for the rest of the loan period. 2) Best credit applies. 3) Collateral must be first lien, residential property located in Utah or Idaho and 20% down payment. 4) Standard fees apply (origination, appraisal, inspections, title policy, recording, etc). Information provided is based on estimated interest rates and loan fees; your actual APR and may be different. Other rates, terms and products are available. Subject to credit and collateral approval; other terms and conditions apply; offer is subject to change anytime. Contact Financial Center for details.
Payment information: Payments do not include amounts for taxes and insurance and your actual payment may be higher and can increase after the initial fixed period. (Examples are based on estimated information: Loan amount of $200,000, advertised variable rate of 3.500%for the 5/1 ARM and 3.750% for the 7/1 ARM). 5/1 ARM: Initial 5 year monthly payment is$898.09, followed by 25 years of monthly payments that could be as high as $1,567.36. 7/1 ARM: Initial 7 year monthly payment is $926.23 followed by 23 years of monthly payments that could be as high as $1,557.19.
Find a Utah/Idaho loan officer near you

Contact a Zions Bank residential lending officer to learn more about Zions Bank home loan services.

Find a loan officer
Find home ownership resources at the Homeowners Cafe

Rate this page:

Please don't submit personal information, including account numbers. For Customer Service, visit the Contact Us page.


Thank you for your submission.

This page was last modified on Thu Oct 08 13:35:53 MDT 2015