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Graeagle sits in Plumas County, where the median household income is $64,946 and the market remains quiet. The Treasure Canyon gold mine project signals local development interest, though home sales here move slowly.
Portfolio Arms offer adjustable rates that start lower than fixed options. Buyers who plan to sell or refinance within five to seven years often find the initial savings worthwhile.
3, 5, 7, or 10 years
ARM Initial Period
620
Minimum FICO
5%
Down Payment Min
$832,750
2026 Conforming Limit
Portfolio ARMs in Graeagle
Portfolio Arms typically require a 620+ FICO score and 5% down minimum. Lenders may ask for two months of reserves and a debt-to-income ratio under 43%.
The county's median income of $64,946 supports purchases in the $250,000 to $350,000 range with standard lending. Higher down payments or stronger credit can open doors to larger loans.
Local decision guide
Use this guide to connect portfolio arms eligibility, lender expectations, and local market factors before comparing payment options in Graeagle.
Graeagle sits in Plumas County, where the median household income is $64,946 and the market remains quiet. The Treasure Canyon gold mine project signals local development interest, though home sales here move slowly.
Portfolio Arms offer adjustable rates that start lower than fixed options. Buyers who plan to sell or refinance within five to seven years often find the initial savings worthwhile.
Portfolio Arms typically require a 620+ FICO score and 5% down minimum. Lenders may ask for two months of reserves and a debt-to-income ratio under 43%.
Portfolio ARM lenders in California range from large retail banks to smaller portfolio shops. Retail lenders often have tighter overlays and longer timelines; portfolio lenders may move faster but charge slightly higher rates.
Closing timelines for ARMs typically run 30 to 45 days. Appraisals and title work move at the same pace as fixed-rate loans, so ARM speed comes from underwriting efficiency, not shortcuts.
Portfolio Arms make sense in Graeagle for buyers who know they'll move or refinance within five years. The rate discount covers closing costs and leaves real savings on the table.
Above $832,750, the conforming limit for 2026, ARM pricing becomes harder to find. Jumbo ARMs exist but carry wider spreads and stricter terms than conforming products.
Fixed-rate mortgages lock your payment for 30 years; ARMs start lower but adjust after the initial period. If you're staying in Graeagle long-term, fixed predictability often wins.
ARM buyers trade payment certainty for initial savings. Refinancing before the first rate adjustment is the typical exit strategy, so a strong market and good credit are your safety net.
Feather River College's Upward Bound program brings college exposure to Plumas County students, signaling educational investment. That kind of regional commitment matters to families planning to stay and build equity.
The new Yuba County state park along the Feather River, just outside Plumas, adds recreational value to the broader region. Riverside access and boat launches appeal to buyers who value outdoor lifestyle.
ARMs start with a lower rate that adjusts after an initial period (typically 3, 5, 7, or 10 years). Fixed rates stay the same for 30 years. ARMs suit buyers planning to move or refinance before the adjustment.
Yes. Most lenders accept 620+ FICO on ARMs, though your rate may be higher and down payment requirements stricter. A 640 score is workable; expect to put 5% to 10% down.
The 2026 conforming limit is $832,750. Above that, jumbo ARMs are available but carry tighter terms. Below that, standard ARM products apply.
Your rate moves based on the index plus the lender's margin. Caps limit how much it can rise per adjustment and over the loan's life. Most ARMs adjust annually after the initial period.
ARMs work best if you plan to sell or refinance within 5–7 years. If you're staying long-term, a fixed rate offers payment predictability. Run the numbers with your broker for your specific timeline.