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Adjustable-Rate Mortgage

Your mortgage payments don’t have to cost an arm and a leg

With an ARM loan, you can start off with lower payments that fit your budget today while keeping your options open for the future.

Lower Rates Now + Future Flexibility

An Adjustable-Rate Mortgage (ARM) is exactly what it sounds like: a home loan with a rate that adjusts over time. The interest rate and payment are fixed for the first 3, 5, 7, or 10 years (your choice) and adjust annually after that for the remaining term. Because it typically allows you to take advantage of lower rates compared to a standard fixed rate loan early on, it’s a great option for homeowners who are planning to sell or refinance their home within a few years.

ARM yourself

Want to get into a new home with lower initial monthly payments than a traditional fixed rate mortgage offers? An Adjustable-Rate Mortgage might be right for you if you expect your income to increase, anticipate needing to sell or plan to refinance in the near future. It can also work well for those looking to refinance their current loan.  No matter what your situation is, Addition Financial’s local home financing experts can explain your options and help you choose the mortgage that’s best for your personal needs.

  • Initial fixed rate period of 3, 5, 7 or 10 years
  • 30-year total term
  • Minimum loan amount $25,000; maximum loan amount varies
  • Point options include 0, 1% and 2%
  • No pre-payment penalties
HomeAdvantageTM Program*
  • Earn rebates when you buy or sell a home
  • Get tips and tools for buying or selling
  • Research listings, schools, neighborhoods and more
  • Find an experienced real estate agent

*A HomeAdvantage approved real estate agent must be used in order to receive a rebate. Program rules can be found at

Why Addition Financial?

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Money Smarts

School yourself with free financial know-how.

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Earn More + Pay Less

Competitive rates on deposits, loans and credit cards.

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Deals + Discounts

Save money on the things you like to do with our SaveTopia app.

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Become a homeowner

Whether you’re buying your first home or you’ve done this before, Addition Financial offers a variety of mortgage options to suit your needs plus one-on-one advice to help you reach your goals
  1. 1
    Review eligibility

    Anyone who lives, works, worships, volunteers or attends school in 22 select counties may join. View our "Become a Member" page for full eligibility.

  2. 2
    Complete loan application

    When you’re ready, complete the online application or visit your branch to apply in person.

  3. 3
    Get your loan

    Move in to your new home.

Get your learn on

Think of us as your personal financial guru, partner and coach for wherever life’s journey takes you. To help you live your best life, we offer money management tools, financial literacy seminars and expert advice that’s easy to understand. Start making every moment (and every penny) count.