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Routing # 211885946

Adjustable Rate Mortgage

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Start Low, Dream Big

Adjustable Rate Mortgage with introductory rates that fit your budget today

Lower Start Rates

Competitive introductory rates available

Then adjusts based on market conditions

Actual rates vary based on creditworthiness, loan amount, and market conditions.

Equal Housing Lender

Get Your Custom Quote

See what rates and payments you qualify for with our ARM loan program. Get personalized rates based on your unique financial situation.

Ready to Get Started?

Our mortgage specialists will provide you with current rates and custom payment options.

Get My Rate Quote

Why Choose Our ARM?

Flexible financing designed for today's smart borrowers

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Lower Initial Payments

Start with significantly lower monthly payments compared to fixed-rate mortgages, giving you more financial flexibility in the early years.

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Buy More House

Qualify for a larger loan amount with lower initial payments, helping you get into the home you really want.

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Interest Savings

If rates stay stable or decline, you could save thousands in interest payments over the life of your loan.

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Refinance Options

Convert to a fixed-rate mortgage later or refinance without penalty if your financial situation changes.

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Perfect for Short-Term

Ideal if you plan to move or refinance within 5-7 years, maximizing your savings during the introductory period.

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Transparent Terms

Clear rate adjustment schedule with caps that limit how much your rate can increase, protecting you from extreme market changes.

Choose Your ARM Option

Find the perfect adjustable rate mortgage that fits your timeline

5️⃣

5/1 ARM

5 years fixed, then adjusts annually. Perfect if you plan to move or refinance within 5 years. Offers the lowest initial rate and maximum savings during the fixed period.

Best for: Short-term homeowners, first-time buyers, or those expecting income changes
7️⃣

7/1 ARM

7 years fixed, then adjusts annually. Great balance of stability and savings. Ideal for families planning to stay in their home for 5-10 years while enjoying lower initial payments.

Best for: Growing families, career professionals, or medium-term homeowners
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10/1 ARM

10 years fixed, then adjusts annually. Maximum stability with ARM benefits. Perfect for those who want long-term predictability while still accessing lower rates than traditional 30-year fixed mortgages.

Best for: Established families, long-term planners, or those wanting fixed payments for a decade

All ARM Products Include:

Rate Caps: Annual and lifetime limits
No Prepayment Penalty: Pay off anytime
Competitive Margins: Fair adjustment terms
Refinance Options: Convert to fixed-rate later

How Our ARM Works

Understanding your mortgage timeline

1

Introductory Period

Initial Term: Start with a low fixed rate for your introductory period. Enjoy predictable, lower monthly payments during this time.

2

Adjustment Period

Rate Changes: After the intro period, rate adjusts based on market index plus margin. Adjustments happen on a predetermined schedule.

3

Rate Protection

Built-in Caps: Rate increases are limited by annual and lifetime caps, protecting you from extreme market fluctuations.

4

Your Options

Flexibility: Refinance to fixed-rate, make extra payments, or pay off early without penalty when it makes sense for you.

Want to See Your Specific Terms?

Get personalized rate quotes and payment schedules based on your situation.

Get Custom Quote

ARM vs. Fixed-Rate Comparison

See the potential advantages of our adjustable rate mortgage

Loan Feature Our ARM 30-Year Fixed
Initial Interest Rate Lower Start Rate Higher Fixed Rate
Initial Monthly Payment Lower Payment Higher Payment
Early Years Savings Significant Savings No Initial Savings
Rate Adjustments After intro period, then periodically Never
Rate Protection Annual and lifetime caps N/A - Rate fixed
Best For Move/refinance in 5-10 years Long-term stability

See Your Actual Numbers

Get real payment comparisons based on your loan amount and credit profile.

Get Rate Quote

Important Rate and Payment Information

Adjustable Rate Details: Our ARM features an initial fixed-rate period followed by periodic rate adjustments based on market conditions. The specific terms, including intro period length, adjustment frequency, and rate caps, will be detailed in your loan estimate based on the program you select.

Rate Adjustment Process: After the initial fixed period, your interest rate will adjust based on a market index plus a fixed margin. Rate increases are limited by periodic and lifetime caps to protect you from excessive payment increases.

Payment Examples: Your actual payment will depend on your loan amount, term, interest rate, and loan-to-value ratio. Payment estimates provided by our quote tool include principal and interest only and do not include taxes, insurance, HOA fees, or other escrow items.

Qualifying Requirements

  • Credit score requirements vary by program
  • Debt-to-income ratio limits apply
  • Down payment requirements based on loan program
  • Property type and occupancy restrictions may apply
  • Cash reserves may be required
  • Employment and income verification required
  • Property must meet lending guidelines

Legal Disclosures

All loans subject to credit approval and property appraisal. Rates, terms, and conditions are subject to change without notice and may vary based on creditworthiness, loan amount, loan-to-value ratio, and other factors. This is not a commitment to lend. Pioneer Valley Credit Union is an Equal Housing Lender.

NMLS ID: 541602

Member NCUA: Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.

Equal Housing Lender - We do business in accordance with the Federal Fair Housing Law

Adjustable Rate Mortgage (ARM) Disclosures

Payments do not include amounts for tax and insurance premiums (including flood insurance), if applicable, and the actual payment obligation may be greater

Maximum 95% LTV for purchases
PMI will be required over 80% LTV
Adjustable rate mortgages use the 5 Year Treasury Constant Maturity as the index, caps 2% and 6% and a floor of 2.75%

5/1 ARM has an interest rate that is initially fixed for five years then adjusts annually thereafter

7/1 ARM has an interest rate that is initially fixed for seven years then adjusts annually thereafter

10/1 ARM has an interest rate that is initially fixed for ten years then adjusts annually thereafter
No point Adjustable-Rate Mortgage payment based on $150,000.00 at 6.909% APR for 30 years is $851.69 (Monthly payments shown do not include real estate taxes, PMI (Private Mortgage Insurance) or homeowners insurance. A rate lock fee will apply. Up to 95% LTV.