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Mortgage CenterMortgage Center

Applying for a Home Loan with RCU has never been easier or more convenient. With our 24-hour online home loan center , you can receive your approval within minutes!. Get started now or call us at (800) 609-9009.

Consider the Advantages of Adjustable Rate Mortgages

Torn between a fixed rate mortgage and an adjustable rate mortgage (ARM)? Each type offers unique benefits…but which is right for you?

    ARMs typically offer:
  • Lower initial interest rates which move up or down with the market
  • Lower payments which take advantage of market changes
  • Attractive rates for investors seeking lower mortgage rates vs. the rate of return on investments
    Below are a variety of payment examples:
    Loan Type and Term* Rate Payment
    Fixed Rate Loan / 15 years 6.375% $864
    Fixed Rate Loan / 30 years 6.750% $649
*All loans based on monthly payment on $100,000 loan for first three years. Actual annual percentage rates: Fixed 15 - 3755%, Fixed 30 - 6.778%, . Fixed rates effective 4/19/07. Examples cited are an estimate only. Your situation may vary. Rates subject to change.

If you have any questions, please call us at: (800) 479-7928 or visit an RCU branch.

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