Adjustable-Rate Mortgage Loans

Lower initial interest rates offer a more manageable payment

Adjustable-rate mortgages, or ARMs, can save you money in the short term, giving you a few years to solidify your finances. Unity Plus Bank ARMs come with lower, stable interest rates for up to five years. After that time, the rate can change annually according to market conditions, in which case your monthly payments could change.

• Competitive interest rates
• Low closing costs
• Loan terms limit annual and long-term interest rate increases
• Interest charges may be deductible (Consult your tax advisor)
• Schedule automatic payments with Online and Mobile Banking
• Refinancing options available
• Call a First American branch, and a loan officer will explain the details of an ARM loan