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ARMortgages™ Loan Sale

ARMortgage™

Looking to purchase or refinance your home? Try out our 15 ARMortgage™. Rates are as low as 2.24% for five years on a first mortgage and 2.49% on a second mortgage. A 0.25% Hometown Loan Rebate is also available. Do the math! 

Term Rate APR Monthly Payment
5.25/1 ARMortgages™ (15 year amortization)
1st Mortgage		 2.24% 2.758% $679.00
5.25/1 ARMortgages™ (15 year amortization)
2nd Mortgage		 2.49% 2.840% $682.91
ARMortgages™ = Adjustable Rate Mortgage. Membership requirements apply. Loans subject to credit and collateral approval. Payment example effective 3/10/2020. Example: Interest Rate = 2.24% Annual Percentage Rate (APR) = 2.758%. The listed APR is based on the borrower’s credit worthiness and the loan to value (LTV). A credit score of 740 or greater and 80% LTV was used for this example. With a loan amount of $100,000, 5.25 year term and 180 month amortization, the monthly payment will be $679. This example does not include amounts for taxes and insurance premiums, if applicable, and that the actual payment obligation will be higher. Adjustable-Rate Mortgages (ARMs) begin with a fixed interest rate and after the initial term the rate may change periodically, usually based upon a pre-determined index. Additionally, may qualify for Hometown Loan Rebate program. $20,000 new money required to get promotional rate.

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