Alert Icon

FRAUD ALERT:  Members have reported receiving phone calls from scammers acting as our Fraud Department, asking for card numbers, PIN numbers, and secure access codes. As a reminder, we will NEVER ask you for this information. If you’re in doubt, hang up and call us at 540-663-2181.

Reset Password / First Time User

NCUA logo


Apply for a loan

Main Content

5/5 ARM


5/5 ARM (Adjustable Rate Mortgage)

Rates as low as

5.500% / 5.784%APR* 


couple holding keys to new house


Now is the time to purchase or refinance a home.

What is a 5/5 ARM?

This adjustable mortgage is more stable than you're probably thinking.

  • Your rate is fixed for 5 years & subject to change each 5 years thereafter.
  • 2% cap at each adjustment with a 5% lifetime adjustment cap.
  • Payments are amortized over 30 years.


But wait... there's more!

Great rates and stability aren't the only benefits of this offer.

Lock & Shop: FREE 90 day rate lock while you shop for a home. Also, float down to market rate if rates decline prior to closing!

Rate Reset: A "one click" automatic rate reset, so there will be no need for you to refinance if rates go down. Also, rates will automatically "reset" if the rates decline in the future. 

0% down payment for qualified borrowers**



Ready to Get Pre Approved for a Mortgage?

It’s time to finance your dream home. Apply now or contact CUMA with questions.




* The annual percentage rate (APR) is 5.784%. Rate may increase after consummation. Monthly payment calculation for loan amount of $150,000 with 0% down financed at 5.784% over 30 years, is $851.68 (payment amount does not include taxes and insurance, and actual payment obligation may be higher than this estimate). 
** Certain restrictions and limitations apply. Private Mortgage Insurance required for loans over 80%LTV. Please contact a CUMA loan officer for more information.
CUMA’s Mortgage Loan Originators are registered and comply with the National Mortgage Licensing System (NMLS) and Registry. Credit Union Mortgage Association, INC NMLS ID is #410502.
Caps of 2/2/5 with 2.75 margin indexed to the 5 Yr. T-Bill index.  Rates and program guidelines subject to change without notice. 


Please call CUMA’s toll free number for questions/inquiries at 855-913-6193.



Equal housing lender