Skip to content
×
cover-art

Kelly Community FCU Mobile

Finance

Free - On the App Store

×
cover-art

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

Read

Get Started

Ready to get started? Let's fill out an application!

Apply Now