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Adjustable Rate Mortgage

More home for your money

An adjustable rate mortgage may significantly reduce your initial payments. Find out if one is right for you below.

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Why should you consider an adjustable rate?

With an adjustable rate mortgage, your rate fluctuates with the market. You might consider one if you:

  • Plan to stay in the home you buy for only a few years
  • Expect to make more money in the future
  • Want to keep your payments lower during the beginning years of your mortgage

This loan is not intended for new purchases. We finance traditional mortgages if you are interested. All of our traditional home loans are done in partnership with Consolidated Community Credit Union, so we can offer you the best possible rates and terms.


  • Credit limits up to $500,000
  • Set interest rates up to 5 years
  • No prepayment penalties
  • No application fees
  • Origination fee: $1,500


Start the process online

Call 866-236-6968 with any questions.

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  • Approval
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Monthly Payment


Rates as low as


All Rates


Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.

All ARM (Adjustable Rate Mortgages) products reprice with the 1 year US Treasury Securities, also known as TCM (Treasury Constant Maturities). The maximum loan amount is $500,000 and maximum term is 30 years for primary residence only. The maximum term for non-owner occupied (vacation/secondary homes or rentals) is 15 years. The maximum we will lend for Vacation homes is $250,000. The maximum we will lend for Rental property is $200,000.

Origination fees applicable: Home Equity Line of Credit – no fee, Home Equity Loan $500 and ARM $1,500. The borrower is responsible for all third party fees — such as appraisal, title insurance, filing, flood determination and/or tax service fees if applicable.

Maximum loan amount is $500,000

Rate quoted is for credit score of 640 or better. First trust deed position only. The maximum loan to value is 75%; maximum term is 30 years.

The only ARM option for Vacation/Secondary or Rental Homes is the 3/1 ARM.

Currently only available in these states: AK,AZ,CA,ID,MT,NM,NV,OR,UT,WA


We Do Business in Accordance With the Federal Fair Housing Law and the Equal Credit Opportunity Act