Adjustable Rate Mortgage
Thinking about buying a home?
SCU Credit Union’s Adjustable Rate Mortgages make it easier and more affordable. Enjoy low introductory rates, flexible payments, and expert guidance from a local team that cares about your goals.
Adjustable Rate Mortgage
Buying a home is an exciting milestone, and SCU Credit Union is here to make it more achievable with our Adjustable Rate Mortgages (ARMs). Our ARMs offer a balance of flexibility and affordability, designed to fit your financial needs today and adapt to your changing circumstances in the future.
Highlights
- Flexibility to adjust to market conditions, offering potential savings in the initial years of the loan
- Competitive interest rates that can be lower than fixed-rate mortgages, making homeownership more affordable
- Ideal for first-time homebuyers or short-term homeowners, with lower initial monthly payments to ease budgeting
Better Mortgages Start Here
Our adjustable rate first mortgages are used for the purchase or refinance of owner-occupied properties, condominiums and vacation homes located within Massachusetts or Rhode Island. Adjustable Rate Mortgages (ARMs) assist you in customizing a mortgage to satisfy your personal circumstances. Jumbo Adjustable Rate Mortgages are available for larger mortgage amounts.
Whether you are a first-time homebuyer, planning to upgrade your current home, or looking to downsize, this seminar is designed to provide you with valuable insights and guidance throughout the home buying journey. Our knowledgeable speakers will cover these topics comprehensively, providing you with a clear understanding of the steps involved, the importance of credit, the roles of key professionals, legal considerations, and how SCU Credit Union can support you throughout the process.
The right mortgage lender can make all the difference.
Not all mortgage rates and fees are created equal, and taking the time to compare can lead to significant savings over the life of your loan. Our loans are serviced in-house, ensuring that help is always nearby when you need it. As trusted local lenders who understand the market, we are dedicated to providing personalized support every step of the way. Let us help you turn your homeownership dreams into reality.
Where are you in the home buying process?
Your Mortgage Resource Toolkit
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