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Kelly Community FCU Mobile

Finance

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Kelly Community FCU Mobile

Finance

Free - On the App Store

What is an adjustable rate mortgage?

An ARM (Adjustable Rate Mortgage) typically has a lower rate than a fixed-rate mortgage, at least at first. The rate might increase after the initial term is completed, based on...

  • Lower rates upfront
  • Avoid a dramatic rate increase

A adjustable rate mortgage fluctuates with the market

An ARM (Adjustable Rate Mortgage) typically has a lower rate than a fixed-rate mortgage, at least at first. The rate might increase after the initial term is completed, based on the current market. Rates can stay same or increase, but never go down.

More Information

If you plan to stay in your next home for five years or less, an adjustable rate mortgage may be right for you. You’ll enjoy lower rates upfront, and likely avoid a dramatic rate increase.

A better kind of loan from an institution you can trust

We'll walk you through the entire process. Mortgages can be confusing, and that goes double if you choose an adjustable rate. We'll make sure you understand your choices and how...

A better kind of loan from an institution you can trust

We'll walk you through the entire process.


Mortgages can be confusing, and that goes double if you choose an adjustable rate. We'll make sure you understand your choices and how they'll affect your financial future.

We have a stellar online application system.


If you want, you can complete your initial application right now without visiting one of our branches.

We're forgiving.


We'll consider loans that other financial institutions dismiss. If you've made some mistakes in the past and are ready to start fresh, come talk to us. We're listening.

Community Blog

Shopping for a New Home: Down Payments and Mortgage Applications

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Disclosures

The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials.

These data are available online at the Consumer Financial Protection Bureau's website (www.consumerfinance.gov/hmda).

HMDA data for manu other financial institutions are also available at this website.


Kelly Community Will Close for Memorial Day

Kelly Community will be closed for Memorial Day on Monday, May 28. We will resume normal business hours on Tuesday, May 29. From our family to yours, we wish you a safe and enjoyable holiday weekend.