Adjustable Rate Mortgage

We offer competitive rates and are ideal to financing your home.
  • Low, competitive rates
  • Terms up to 30 years*
  • Apply and lock your rate for up to 60-days
  • Borrow up to $417,000 for single-family, one-unit property
  • No MI or LPMI options up to 95%*
  • Initial fixed rate period 12 months with periodic adjustment every 12 months
  • Caps: 2% initial period; 2% per additional period; 6% lifetime
  • Eligible properties include Purchase, No Cash-Out Refinance, Cash-Out Refinance, 1-4 Unit Primary Residence, Second Homes (including Condominiums, Planned Unit Developments), 1-4 Unit Investment Properties (with additional requirements)
  • Contact a Community Mortgage Network member bank for more information:
    Call 1-800-440-6678 or Email
  • Disclosure Information

* For a 30-year $200,000 5-year Adjustable-Rate Loan at 3.125% and 75.00% loan-to-value (LTV), the first payment is $856.76 with 1.875 points due at closing. The Annual Percentage Rate (APR) is 3.518%. The principal and interest payment is $856.76 after the first 5 years. For the remaining 25 years, the fully indexed rate of 3.375% is in effect. The rate can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will greater. Rate is variable and subject to change after 5 years.

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