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The index used to determine payments for Adjustable Rate Mortgages (ARMs) is changing.

Learn more about the switch.

Spectrum Credit Union recognizes there’s no one-size-fits-all solution, especially when it comes to a home loan.

Whether you’re a first-time homebuyer or a seasoned borrower, you may prefer a mortgage with an interest rate that grows over time. For example, if you’re early on in your career and expect your income to grow over time, an adjustable-rate mortgage allows you to have an initial lower payment, which translates into increased purchasing power up front. This means you can take the time you need to grow into a higher interest rate.


  • Starts out with a lower interest rate that results in an initial lower payment
  • Available in 15- and 30-year terms
  • Provides an initial fixed-rate period of 3, 5, 7, or 10 years before the rate adjusts; the interest rate can adjust annually thereafter.

More information

Our Mortgage Relationship Managers are here to help you every step of the way. Please call our Home Loan Help Desk at 888-750-4124. For those outside the U.S., call 510-251-6010. 

To check your pending application status, simply log in to your existing application.

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