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Adjustable Rate Mortgage Loans

An Adjustable Rate Mortgage (ARM) is ideal if you are looking for lower monthly payments initially.  After the initial loan period, your rates will adjust to the current market rate. This is perfect for members who plan to own their home for a short period of time or have a significantly larger income in the future.

Benefits you will experience with an ARM include:

  • Available in 3/1, 5/1, 7/1 and 10/1 terms
  • Low closing costs
  • Lower monthly payments
  • Online tax statements
  • Make payments over the phone or online
  • 24-hour application
  • Refinancing is also available

         

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