In addition to standard programs that adjust annually, this option provides an initial fixed rate of five years before the rate adjusts at all. These options are best for those who want added payment stability and lower monthly expense.

Why do members choose a 5/1 adjustable rate term?

BEST CHOICE IF

• You want a loan with lower initial payments
• You plan to sell the property within a certain amount of time
• You want to take advantage of a loan that offers the benefits
of both a fixed rate and adjustable product*

• Reliability - the interest rate fixed for the first 5 years, adjusting annually thereafter. Members can also convert this loan to a fixed rate
• Low Payments - this loan offers very low initial payments
• Buying Power - this term allows for higher loan amount qualification, which gives you enhanced buying power