is a 3 27 arm a good investment 
a 3 27 arm could be a good choice for you if you re looking for a loan with relatively low monthly payments for the first several years that could make buying a home more affordable if your budget is already stretched or could give you some extra cash to spend on home repairs furnishings or other purposes compared with a more expensive loan however you ll want to be reasonably certain that you ll be in a good position to refinance by the end of the initial three year period that means for example that you ll have a strong credit score and a reliable source of income at that point a 3 27 arm is not a good idea if there s a strong possibility that you won t be able to refinance or sell the home during those first three years and the new adjustable rate payments would be too much for you 