Checklist - If you answer "yes" to most of these questions, an ARM is right for you:

• Do you plan to sell or refinance before the introductory rate expires?
• Do you want to pay as little as possible each month for your mortgage?
• Do you have a high tolerance for risk?
• Have you computed the maximum monthly rate you may be forced to pay?
• Is your job or revenue stream stable?
• Are you committed to maintaining a high credit score?
• Can you sleep soundly not knowing what your mortgage payment will be next month?