Adjustable Rate Mortgage (ARM)

5/5 ARM*

• As low as a 3% down payment for loans up to $850K**

5/5 ARM* - No Cost

• Only 20% down payment up to $850K***

ARM Key Features for BOTH options:

• lower initial rates
• lower monthly payment during the first five years
• greater payment stability; changes occur every five years vs. annually

All loans are subject to credit approval and all First Financial Credit Union (FFCU) policies and procedures. Loan rates are based on credit history, collateral criteria, and term of loan, and are subject to change without notice. Other restrictions may apply. Call for complete details.

*ARM = Adjustable Rate Mortgage. “5/5” means the initial APR and initial payment schedule will not change for the first 5 years, but your APR and/or payment schedule may change every 5 years thereafter.

**3% down available for loan amounts up to $850,000 for qualified borrowers. Loan limits and other loan qualification criteria apply.

***Maximum covered costs not to exceed $10,000. Covered fees as applicable: Appraisal Fee, Recording Fee, Flood Certificate Fee, Credit Report, Loan Documents, Escrow & Sub Escrow Fee, Title Lender Policy & Tie-In Fee, Messenger Fee, Wire Fee, Tax Service Fee, Notary, Pest Inspection Fee. Fees not covered: Pre-Paid costs such as interest, taxes, Mortgage Insurance Premiums, HOA dues, Hazard or Flood Insurance, Owner's Title Insurance, Transfer Taxes, Impound accounts. Discount Points are not allowed.