The 5/5 Adjustable-Rate Mortgage (ARM) loan from RBFCU locks in your rates of interest and payment for the first 5 years of your loan. After the preliminary term has lapsed, your rates of interest and payment undergo alter (up or down) every 5 years for the staying loan term. Refinance if rates decrease or cost at any time. With a minimum down payment of 5% and a preliminary low-interest rate, the 5/5 ARM offers a fresh viewpoint on home funding.
To talk to the Mortgage Department, call 210-945-3300, choose choice 3, then alternative 2.
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