
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:
| 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.
