You're on a limited or fixed income.

You do not plan to move for a long time.

You are seeking relatively a low rate.

You plan to move or refinance in the near future.

You want to free up money for other short-term investments.

You need to borrow more than what is traditionally available through a fixed-rate mortgage

$450,000

$450,000

Same rate for the life of the loan.

Rate is locked for a set period, then resets (adjusts).