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Fixed and Adjustable Rate Home Mortgage Loans

Fixed Rate Mortgage

A fixed rate mortgage is a loan in which your interest rate remains the same throughout the life of the loan, providing a predictable monthly payment. This differs from an adjustable rate mortgage where the interest rate may change over time.


  • Monthly payment will not change
  • Allows for long-term financial planning
  • Choice of loan terms ranging from 10- 30 year options

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Adjustable Rate Mortgage (ARM)

An adjustable rate mortgage (ARM) is loan in which your interest rate may change over time. The interest rate is periodically adjusted based on an identified index, meaning your monthly payment could increase or decrease. Often, ARM loans provide a lower initial rate compared to fixed rate mortgages.


  • Typically allows a lower initial interest rate and payment
  • Flexibility for buyers who plan to move in the future or who anticipate their income increasing
  • Various term options:
    • 3/1 ARM
    • 5/1 ARM
    • 7/1 ARM
    • 10/1 ARM

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All loans are subject to credit approval.

How can we help?

Call and speak with a customer service representative 24/7 - nights, weekends, and most holidays. Or, visit our Customer Support Center to submit a request for assistance, chat with our team, and view frequently asked questions. 


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