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

Adjustable-Rate Mortgage Loans


Adjustable-Rate Mortgage Loans

Achieve your goals with a lower fixed rate and payment at the start of your loan term.



A father plays with his boys after moving into a new home bought with an ARM.


Features of a Topside FCU Adjustable-Rate Mortgage (ARM) Loan



A Quick Explainer on Adjustable-Rate Mortgage Loans

An ARM loan lets you take advantage of a lower starting rate and lower monthly payment that's fixed for the initial period of your loan.

  • Get a competitive APR to kickstart your loan term.
  • A 5/5 ARM means your rate and payment are fixed for five years then adjust every five years.
  • When your rate adjusts, it may go up or down depending on the markets.
  • ARMs suit people who are planning to move, sell, or refinance in the short term.
  • ARMs are also useful if you know your income will rise in future.
  • You can choose a 5/5, 15/15, 3/1, 5/1, or 10/1 ARM.
  • The total loan term is 30 years.
  • Down payments start as low as TBC.
  • You'll need to pay private mortgage insurance (PMI) if your down payment is under 20%.
  • You can cancel PMI when you reach 20% equity.
  • Easily apply online and use free automatic transfer from your Topside accounts.

We've partnered with Credit Union Mortgage Association (CUMA) to bring you expert advice and ongoing loan servicing for your ARM loan.

Apply Now
A happy couple moves into a home bought with an ARM.



“Top level credit union. PERFECT size, large enough to offer competitive loan rates, but small enough to still care about members!”



Our Adjustable-Rate Mortgage Loans Offer These Benefits


Competitive APR

The initial interest rate you get for your ARM loan is likely lower than for a fixed-rate mortgage so you can buy sooner.

24/7 Account Access

Manage your payments and check your balance anytime you like with free Online and Mobile Banking.

Purchase Calculators

Use our range of mortgage calculators to help you find a home loan you can comfortably afford.

Friendly Consultants

Our mortgage experts will give you the information you need to enjoy the home buying process.

Easy Payments

Simply transfer funds from your Topside Checking or Savings account free of charge.



Next Steps to Secure Your Adjustable-Rate Mortgage Loan:



Adjustable-Rate Mortgage (ARM) Loan FAQs


More Handy Home Loan Options from Topside FCU


Fixed-Rate Loans

Lock in a competitive interest rate and then enjoy steady payments for your entire loan term so budgeting is easy. You may choose to refinance your mortgage for a lower rate in future if market rates drop.

Learn More

FHA Loans

Enjoy easier qualifying, a low down payment, and lower mortgage insurance than conventional loans. First-time and repeat home buyers may be eligible if they meet credit and income restrictions.

Learn More

Home Equity Loans and Lines of Credit

Pay for renovations, weddings, college, debt consolidation, and anything else you want through a low-interest lump sum loan or a revolving line of credit to use as needed.

Learn More


*APR = Annual Percentage Rate.