A provision in some adjustable rate mortgages (ARMs) that allows the borrower to change the ARM to a fixed rate loan at a specified time.

A provision in some adjustable-rate mortgages (ARMs) that allows the borrower to change the ARM to a fixed-rate mortgage at specified timeframes after loan origination.

A provision in some adjustable-rate mortgages (ARMs) that allows the borrower to convert the ARM to a fixed-rate loan under certain conditions.

A provision in some adjustable-rate mortgage (ARM) agreements that allows the borrower to change the ARM to a fixed-rate mortgage at specified time frames after loan origination. The borrower will likely pay a higher rate or more points to have this option.

A convertibility clause, found in some adjustable rate mortgages (ARMs), offers the borrower the option of changing the adjustable rate to a fixed rate at a specific time for the duration of the loan.

A clause in some ARMs which allows the buyer (borrower) to change to a fixed-rate mortgage at a specified time.

See " Conversion Clause".

Some adjustable-rate-mortgages (ARM's) allow a borrower to change from an ARM to a fixed rate mortgage at a specified period within the term of the loan.

A provision in some adjustable-rate-mortgages (ARM's) that allows the borrower to change the ARM to a fixed-rate-mortgage at a specified period within the term of the loan.