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.
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
Why Addition Financial?
School yourself with free financial know-how.
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Competitive rates on deposits, loans and credit cards.
Deals + Discounts
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Additional Features and Benefits
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
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
Anyone who lives, works, worships, volunteers or attends school in 22 select counties may join. View our "Become a Member" page for full eligibility.
2Complete loan application
When you’re ready, complete the online application or visit your branch to apply in person.
3Get 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.
*A HomeAdvantage approved real estate agent must be used in order to receive a rebate. Program rules can be found at curealty.com.