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Teachers Credit Union Home Page
Teachers Credit Union Home Page

Adjustable-Rate Mortgage (ARMs)

30 year rates as low as

% APR*

ARM yourself with a mortgage that can save you money on interest charges.

Looking to buy that perfect house, but worried about the size of the monthly payments? With an adjustable rate mortgage, you might be surprised at what you can afford.

A TCU 5/1 Adjustable Rate Mortgage doesn't just buy you a nice house. It buys you time. For five years, you enjoy a lower interest rate. That gives you time to get settled in, figure out a monthly budget, maybe earn a salary increase and perhaps beef up your savings along the way. After that, your rate is adjusted annually for the remainder of the mortgage term.

  • Competitive rates
  • Save money on interest charges for first five years
  • Excellent choice if you don't plan to own your home for a long period
  • ARMs can be used to refinance existing home loans
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