Skip to main content

Adjustable-Rate Loans

CUA's Adjustable-Rate Mortgages are home loans with an initial low interest rate that can change after a period of time. Generally, the initial interest rate is lower than that of a comparable fixed-rate mortgage. After the initial period ends, interest rates — and your monthly payments — can go lower or higher. This is an ideal loan for those who want a low initial payment and the benefits of both a Fixed and Adjustable-Rate product. As an added bonus, loan may be adjusted beginning the 13th month to a fixed 30-year mortgage*. Maximize your buying power with a 5/1 or 7/1 ARM today!

Get Started    View Rates


Asian man holding tablet while cooking in kitchen


Product Details

  • Fixed-rate home loan for the first 5 or 7 years
  • Interest rate adjusts annually thereafter
  • Finance up to 97% of the purchase price/appraised value, whichever is less
  • Loan may be adjusted beginning the 13th month to a fixed 30-year for a 1% fee (maximum $1,500)*
  • Local underwriting and servicing
  • Preapprovals and commitment letters available


Make a Payment

Making loan payments at CUA is easy with several convenient, flexible payment options, including both electronic and physical forms of payment.

Explore Options

*Purchase/Refinance mortgage is an adjustable rate, with a 30-year repayment. Annual percentage rate (APR) as of 05/02/2023 is 6.821% and subject to change. Example: $250,000 loan at 5.375% interest rate equals $1,399.93 monthly payment. Taxes, insurance, and mortgage insurance are not included; actual payments may be greater. 15-year, 20-year, and 30-year fixed-rate products available. Minimum loan amount of $100,000 and maximum loan amount of $1,500,000. Minimum FICO® score of 680 required for financing. Property types allowed include single-family residences and owner-occupied only. No second homes or rentals. Mandatory escrow for all loans over 80% LTV. Based on a 45-day lock. 5/1 and 7/1 ARM loans may be modified to a fixed rate beginning the 13th month from note date if they meet CUA Modification qualification guidelines. Modification rate will be based upon the current Fannie Mae 30 yr. fixed rate plus .125% at the time of the request. Subject to approval. Contact loan officer for modification qualification details.