Adjustable Rate Home Loan

Adjustable-Rate Home Loan

Lower rates and no origination fees on adjustable-rate mortgages.

Apply Now

Adjustable Loan Rates as Low As

APR Effective 5/7/2021*


10 Year ARM (10yr/6mo)

Adjustable after year 10


5 Year ARM (5yr/5yr)

Adjusts every 5 years


7 Year ARM (7yr/6mo)

Adjustable after year 7

*See important information about rates, fees and other costs

Adjustable-rate loans (ARMs) give you the advantage of increased buying power if you only plan on staying in your house a few years. An ARM may allow you to qualify for a larger home loan amount and get more house for your money, plus you'll have lower payments during the first years of your loan.

ARMs may be the best choice for you if:

  • You can potentially get more for your money
  • You want to keep payments lower during the early years of your loan
  • You plan to move within 10 years
  • You plan to pay off your mortgage within 10 years
  • You expect your income to increase significantly in the coming years

ARMs come in terms of 3 Year, 5 Year, 7 Year, 10 Year and 5/5 Year.

No Origination Fees

BECU is excited to announce yet another way we can save our members' money: NO origination fee on fixed-rate or adjustable-rate mortgage home loans for purchase and refinance transactions.** No origination fee significantly reduces closing costs. And reducing cost is just one more way BECU can help members combat the skyrocketing prices in today's real estate market.

Email us to learn about BECU homes for sale.

Use this calculator to figure out if a fixed or adjustable rate home loan is best for you

Now let's take a look at your options:

Why choose this Pros Cons

If you plan on staying in your home a short period of time.

Initial fixed interest rate for seven full years; rate adjusts annually thereafter.

Interest rate can rise above the current fixed rate over time.

If you want a longer initial payment longer than 5 years.

2% point annual adjustment after the initial fixed rate period and 6% interest rate cap over the life of the loan.

Riskier if you don't expect your income to increase over the initial seven year fixed rate period.

Potentially allows for higher loan amount qualification and enhanced buying power.

Need more information?

Just stop by your Neighborhood Financial Center, and we can answer your questions and help you find the home loan that's right for you. Make an appointment.

*Income limits may apply. HomeReady is a trademark of Fannie Mae. Loans are subject to credit approval and other underwriting criteria. Certain restrictions apply. Home Loan programs, terms and conditions subject to change without notice.

**Offer applies to purchase and refinance transactions. Loans are subject to credit approval and other underwriting criteria, and not everybody will qualify. Certain restrictions apply. Home loan programs, terms and conditions are subject to change without notification. BECU reserves the right to terminate this offer at any time without notice. Boeing Employees' Credit Union NMLS ID 490518.