Mortgages
Local Lending You Can Count On
Adjustable Rate Mortgage (ARM)
What is an ARM?
An ARM is an Adjustable Rate Mortgage*. Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the initial interest rate on an ARM is lower and will change annually.
What You Need to Know:
- Down payment as low as 5%
- Low, fixed interest rate for the first 5 years
- Annual adjustable rate for remaining term
We know that getting a mortgage can seem intimidating. Our team is here to help walk through the entire process so you can live in your new home with financial peace of mind.
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Mortgage
Your dream home plus your dream mortgage, what can be better than that?
Whether you’re purchasing your first home or a new home, 360 Federal Credit Union offers a range of mortgage options, including fixed and adjustable-rate terms, that will get you from open house to closing in no time! With some of the most competitive mortgage rates in the Hartford, Tolland and Middlesex County areas, 360FCU is committed to providing you with outstanding service and financial support that helps you fulfill your dreams of homeownership!
So roll out the welcome mat, pick out the paints and prep the moving truck — your home buying journey begins today at 360FCU.
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Perfect Home. Perfect Mortgage.
Take the first step to mortgage prequalification here.
Only have a short time left on your first mortgage? Refinance with our Mortgage Freedom Home Equity Loan.
Disclosures:
APR = Annual Percentage Rate. All loans and lines subject to credit approval. Rates based on credit score grade A. Rates are effective as of the date shown and are subject to change without notice.
*Purchase or refinance. Minimum loan amount $75,000. Maximum loan is conforming loan limits. Maximum Loan-To-Value (LTV) is 95%. Eligible for single family/condos that are owner-occupied or second homes. Properties in MA, CT, and RI qualify.
