Designed to save you money, provide flexibility and give you peace-of-mind that your mortgage payments will remain affordable.
The interest rate for this loan stays the same for the first five years then adjusts each five years. The amortization and term for this loan is 30 years. The maximum increase/decrease for any adjustment year is 2% with a maximum rate increase of 5% over the life of the loan. VCCU is offering a special “No closing cost” promotion for this program. Call our mortgage lending representatives for complete details and restrictions.