Adjustable Rate Mortgages

Pick a smart start for your mortgage
It’s your Advantage

How Low Can You Go?

An Adjustable Rate Mortgage is a great option for buyers who don’t plan to stay in their home for more than the fixed rate period. We’re here to make sure that you get the lowest possible rate during that time.

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Make Affordable Payments

An adjustable rate mortgage lets you keep your monthly payments low during the fixed rate period.

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Lower Your Interest Rate

ARMs typically have a lower initial interest rate than fixed rate loans.

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Refinance Your Loan

Refinancing is available for existing adjustable rate mortgages for up to 85% of your home’s value.

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Pay Less Upfront

Most variable loans only require a 10% down payment on your home.

Today’s Rates

Adjustable Rate Mortgages

Loan Type

Minimum Interest Rate

APR*

*APR: Annual Percentage Rate. Fixed 5.875% / 5.998% APR for the first five years. The interest rate is current as of 1/27/2025. No Private Mortgage Insurance. Up to 80% LTV for purchases. Maximum loan amount is $510,400. After the five-year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter. Offer applies to borrowers with a credit score of 720 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. The payment on a 30-year, $200,000, 5-year Adjustable-Rate Loan at 5.875% / 5.998% APR and 80% loan-to-value (LTV) is $1,183.08. Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%. Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 5 years, the maximum payment is $1,1450.14. Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater and rates provided are based on current market rates, and are informational only. Payments are estimates and include only principal and interest. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling.

**APR: Annual Percentage Rate. Fixed 6.375% / 6.122% APR for the first five years. The interest rate is current as of 1/27/2025. No Private Mortgage Insurance. Up to 80% LTV for purchases. Minimum loan amount is $510,400. After the five-year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter. Offer applies to borrowers with a credit score of 720 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. The payment on a 30-year, $510,000, 5-year Adjustable-Rate Loan at 6.375% / 6.122% APR and 80% loan-to-value (LTV) is $4,786.33. Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%. Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 5 years, the maximum payment is $5,831.27. Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater and rates provided are based on current market rates and are informational only. Payments are estimates and include only principal and interest. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling.

Loan Type

5/5 ARM

Minimum Interest Rate

5.875%

APR*

5.998%*

Loan Type

5/5 Jumbo ARM

Minimum Interest Rate

6.375%

APR*

6.122%**

Estimate your monthly mortgage payment

Enter a total loan amount and planned down payment into this calculator to estimate your monthly mortgage payment.

Calculated payments shown are for estimation purposes only. Actual loan payment amount will be disclosed at loan closing and may differ slightly.

What You Need To Get Started

To apply for an Adjustable Rate Mortgage, we have a few qualifying factors to get you on the path to your new home.

1. Decide on the loan amount you need

Single family home conforming financing is available for up to $548,250. Jumbo financing is available above $548,250.

2. Prepare your downpayment

At least a 10% down payment is required at closing.

3. Check your credit score

We require a credit score of at least 640 to apply

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Let’s Get Started

Your homeownership journey begins here!

Start The Homebuying Process Today

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