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Jumbo Adjustable Mortgages |
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Adjustable Rate Mortgages (ARMs) do not have a fixed interest rate for the life of the loan. The rate adjusts periodically based on an index that changes with the marke.
Loan Amounts with Jumbo ARM Mortgages: One-Unit Properties:
Benefits for Adjustable Jumbo Mortgages include:
- Low initial interest rate
- Lower initial payments
- Increased purchasing power
- Many purchase options available
With a Jumbo Adjustable Rate mortgage, the subject property may be:
- Single family units (owner occupied only)
- Second home (single family units and Condominiums only)**
- Condominium
- Planned Unit Development
- Townhouse
New rates are calculated as follows: Index + Margin rounded to the nearest 1/8th |
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* Mortgage loans are available in all states except Texas ** the property that will secure the loan must become your principal residence at some future time. | |
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1-800-628-7070 |
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Privacy Policy ::: Security Statement |
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Membership is open to anyone who lives, works, worships, attends school,regularly conducts business in Nassau or Suffolk County, or is an immediate family member of a current member.
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