The 5/5 ARM is here!

Great deal for first-time homebuyers

STCU’s 5/5 Adjustable Rate Mortgage (ARM) makes it easy for you to become a homeowner, with low rates and low down payments.

Apply online

Great for first-time buyers or those planning to be in their home for a short time, the 5/5 ARM caps your interest rate adjustments to keep your monthly payments predictable and within reach, even if market prices go up.

No origination fee on purchased or refinanced homes!

Five reasons to get a 5/5 ARM:

STCU's 5/5 ARM is great for first-time homebuyers and those seeking a low rate without the threat of steep rate adjustments:

  • Surprisingly low interest rates.
  • Low down payment.
  • No origination fee!*
  • Rate adjusts every five years, not every year, to avoid surprises.
  • Rate adjustments are capped to keep your mortgage affordable.

With the 5/5 ARM, your interest rate can only change (up or down) by a maximum of 2 percentage points or less each five-year period. That keeps your monthly payments within reach.

At the same time, the total rate adjustment of your 5/5 ARM is capped at 5 percentage points for the life of your loan, so you'll never face the kind of out-of-control rate hikes that buried millions of Americans in costly debt and foreclosure in the past.

As one of the few lenders in the Inland Northwest offering a 5/5 ARM, STCU invites you to apply today to buy or refinance your home. 

With no origination fee on purchases and refinances, your closing costs are likely to be lower than conventional financing.* There's no penalty if you sell or refinance your home, either. Plus, you'll have the confidence knowing that your home loan will be serviced by people you know at STCU, not shipped off to a company you've never heard of.

If you have questions, please call (509) 326-1954 in Washington; (208) 619-4000 in Idaho; or toll free at (800) 858-3750 during regular business hours.

Or visit our Home Loan Department on the second floor of the Main Branch, 106 W. Nora Ave., Spokane, or stop by any of our convenient branch locations for a home loan application. Real estate loan officers also are available at our Liberty Lake and Post Falls branch locations.

Apply for your 5/5 ARM today!

*Origination fee may apply to investment or rental properties that are not owner-occupied.