Start Lower and Grow Smarter
With an adjustable-rate mortgage, you’ll enjoy a lower initial rate and the flexibility to move or refinance later.
What Is an Adjustable-Rate Mortgage?
An adjustable-rate mortgage (ARM) starts with a fixed interest rate for a set period — Home Loans Powered by MSUFCU offers 3, 5, or 7 year terms. After that, your rate adjusts periodically based on market conditions.
It’s a smart choice if you plan to sell or refinance in a few years, or if you want to maximize savings while your income grows.
Curious if a fixed-rate or adjustable-rate mortgage is right for you? Compare your options here or predict your monthly payments with using our Mortgage Calculator.
Confident an ARM is the right fit?
Privacy Notice, Consumer Caution and Home Ownership Counseling Notice, Electronic Correspondence Disclosure and Agreement, Mortgage Information, Nationwide Mortgage Licensing Systems IDs, Home Mortgage Disclosure Act Notice, Consumer Handbook on Adjustable-Rate Mortgage, CFPB Your Home Loan Toolkit
Home loans available for homes in the following states: Michigan, Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, and Wisconsin. Construction home loans are available in Michigan and Illinois. Rates are based on creditworthiness, loan-to-value (LTV), property type, and other factors associated with your loan application, your rate may be higher.
APR is annual percentage rate, and is subject to change. Your rate will depend on your credit score and the term. The loans subject to credit approval.
