An Adjustable Rate Mortgage is a 30-year mortgage that usually has a short-term fixed rate period at the beginning of the loan. Your rate remains fixed during the first few years of the loan, as does your payment amount. After the initial fixed rate period is over, the rate can adjust annually (or 3 or 5 years).
Fund a new mortgage and we'll waive our lender fees on adjustable rate mortgages — you save $500*
Apply Online >>
Check Rates >>
* $500 application fee required with application and is non-refundable if loan does not fund. Tech CU will waive the loan origination fee of $500.
All other Third Party Service Provider fees will apply. Offer applies only to single family, owner-occupied transactions in California and cannot be combined with other offers. Offer applies to adjustable rate mortgages only for applications received by September 30, 2015 and funded by October 31, 2015. FHA, Business, and Commercial loans are not eligible. For additional details, speak to a Mortgage Consultant.**The
Tech CU Quick Close Guarantee (“Guarantee”) is available only on an approved application
for a first-position loan used to purchase an owner-occupied 1-4 unit California
residential dwelling. Applicant must request the Quick Close Guarantee from a Tech
CU Mortgage Consultant at the time of application. Other real estate-secured
loans are not eligible. If, due to circumstances within Tech CU’s control, an eligible
loan fails to close within 10 business days after Tech CU receives a complete
loan application, borrower will receive a $500 gift card. One gift card per
loan. No cash substitution. Gift card will not be replaced if lost or stolen. A
complete application includes, at minimum, all documents and verifications
required of applicant and third parties such as employer, appraiser, title company
and HOA; additional documents may, at Tech CU’s reasonable discretion, be
required before application package is deemed complete for purposes of the Guarantee.
***A "No Cost" version requires no lender closing costs or third party costs (such as appraisal and title) to establish the loan. No cost option available on 3/1, 5/1, 7/1, 3/3, and 5/5 adjustable rate mortgages only.
Rates and terms subject to change without notice. Additional conditions may apply.
54 years ago, forward-thinking high-tech employees at Fairchild Semiconductor knew there was a better way to bank.
Our San Francisco Branch is Open! »
Consolidate your assets, claim $600 »
Apple Pay is here! »
Home improvement: Tips for hiring a contractor »