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Wright-Patt Credit Union

Wright Mortgages

In need of a low monthly payment

Many buyers who have found their dream home are looking for lower monthly payments to start with, but expect their income to increase over the next few years. When that's the case, an Adjustable Rate Mortgage (ARM) may be a good choice for you.

An ARM is a good choice if you:

  • Want to maximize your buying power
  • Plan to move in the next 10 years
  • Plan to pay off your mortgage within 10 years
  • Expect your income to increase significantly in the coming years
  • Need or want lower payments at the beginning of the loan

The Rates Are Lower – Way Lower

Because ARMs are subject to rate adjustments later on, the initial interest rate is set lower than standard fixed rates. This rate provides you with initial lower payments or increased purchasing power.

ARMs Have Changed

In addition to standard programs that adjust annually, our programs provide an initial fixed rate from three to ten years before the rate adjusts at all. These options are best for those who want added payment stability and lower monthly expense.

Lifestyles Change

First time homebuyers no longer tend to stay in their "starter" home for 30 years and experienced homeowners often plan to pay off their mortgage long before the 30-year maturity date. Both of these types of buyers may benefit from choosing an ARM product with an initial fixed rate period that corresponds with the amount of time their loan is expected to be outstanding.

You can always contact one of our friendly, knowledgeable Mortgage Originators to find out more. They will help you find the right mortgage for you.


Equal Housing Opportunity

Mortgage loans processed and underwritten by myCUmortgage, LLC — a wholly-owned subsidiary of Wright-Patt Credit Union, Inc. All loans subject to credit approval and property appraisal.

©2017 Wright-Patt Credit Union, Inc. All Rights Reserved.  |  admin
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Wright4U Rate Ticker |
Product Rate APR*
30-yr fixed 4.000% 4.225%
15-yr fixed 3.625% 4.019%
View Full Rate Sheet
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