More Ways to Buy Your Dream Home

If you are looking at purchasing a new home, but don't want to be locked into a long term mortgage, GEICO FCU Adjustable Rate Mortgage may be perfect for you.

What are the benefits of a 5/5 ARM?

  • Versatility: Adjustable Rate Mortgages are ideal for those who move around a lot, especially within 10 years of purchasing their house.
  • Competitive Rates: Rates lower than a standard 15 year or 30 year fixed rate mortgage.
  • No Surprise Rate Changes: Make it easier to plan out your future with fixed interest rate that only readjusts every five years. With an adjustment cap at 2% and 5% over the life of the loan purchasing a house is now more affordable than ever.

What would I need in order to qualify?

  • A Minimum credit score of 620
  • Mortgage Loan to Value (LTV) / Combined Loan to Value (CLTV) up to 97%