With an adjustable-rate loan, your monthly payment and interest rate will change over the life of the loan. A lower initial interest rate may help you qualify for a larger loan amount and smaller monthly payments when you move into your new home. Actual amounts may vary, depending on when you lock in your mortgage rate through a formal application. Interest rates are subject to change without notice. In addition, closing costs and monthly Home Loan payments may be subject to additional charges and may include certain one-time costs such as points, private mortgage insurance and other prepaid costs.
Loans are subject to credit approval.
For a more accurate approximation of closing and monthly costs, submit as much information as possible using the online Home Loan application. An experienced USE Credit Union professional will review your information and contact you within 48 hours of receipt of your online application. Our Home Loan professionals will be happy to answer any questions you might have and recommend a mortgage option that best meets your needs. USE Credit Union offers these loans through broker affiliations. USE will NOT hold the note on fixed-rate loans.