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Adjustable Rate Loan What Is A 5 Yr Arm Mortgage What’S An Arm Loan FHA Loan Programs for 2019 – fha loan types choose from Several 2019 FHA Mortgage programs fixed rate fha 10 1 arm Loan. An FHA loan benefits those who would like to purchase a home but haven’t been able to put money away for the purchase, like recent college graduates, newlyweds, or people who are.