Where to Get the Best Santa Barbara Mortgage Rates on an ARM

If you are considering buying a house, but conventional fixed rate mortgages don’t impress you, look into an adjustable rate mortgage instead. ARMs function differently than fixed mortgages, and presently, you could locate an exceptionally low interest rate on one.

We’ve showcased the very best Santa Barbara mortgage rates available for adjustable rate mortgages in the area. Learn where you can get your hands on a great rate in your city.

Best Santa Barbara, CA ARM Rates

Whether you opt for a conventional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:

Best Santa Barbara Mortgage Rates: 3/1 ARM

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Citibank, National Association: 2.88%
• • No Orig. Fees
  • Points: -0.13
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Bank of the West: 3%
• • Orig. Fees: $922.95
  • Points: 0.13
  • Caps: 2% per Adjustment Period


• Golden 1 Credit Union: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Santa Barbara: 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period


• JPMorgan Chase Bank, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.25
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Kinecta Federal Credit Union: 3.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you confirm these interest rates with the lender before applying. These rates are accurate as of 10/15/11, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Santa Barbara mortgage rate.