An ARM (5/6, 7/6, 10/6) fixes your rate for an initial period, then adjusts every six months against an index (30-day Average SOFR) plus a margin, within caps. The initial rate is usually lower than a comparable fixed loan.
High prices relative to income and a mountain-adjacent premium; some Colorado counties carry elevated conforming limits. Most Denver homes fit inside the 2026 conforming limit of $832,750.
What do 5/6 and 7/6 mean?
The first number is years fixed; the second means it then adjusts every six months.
How high can an ARM go?
Caps limit each change — an initial cap, a periodic cap, and a lifetime cap over the start rate.
Tell us how your mortgage is really going. It feeds MortgageSurvey and helps the next buyer — anonymous, no email needed.
We email you only when it matters — a refinance actually pencils, your PMI can drop, or your escrow changes. No spam, unsubscribe anytime.
Single match, no spam. We're onboarding licensed (NMLS) partners now. Leave your info and we'll connect you to one lender covering your area — never sold to multiple callers.
MortgageIQ is not a lender and does not originate loans. We never ask for your SSN or full financials here. Equal Housing Opportunity.