Purchase Loans
Adjustable-Rate Mortgages
Take advantage of lower initial interest rates with our exclusive Adjustable-Rate Mortgage option.
Assumptions
Fixed Rate Mortgages
The information provided assumes the purpose of the loan is to purchase an existing single family detached home and will be used as a primary residence. The purchase price is $300,000 with a down payment of $75,000, with a loan amount of $225,000 and an LTV is 75%. For Golden Jumbos, the purchase price is $1,200,000 with a down payment of $300,000 with a loan amount of $900,000 and an LTV is 75%. The property is located in Oakland County, Michigan. There is an escrow account for property taxes and homeowners insurance. The rate lock period is 45 days and the assumed credit score is 780 or higher.
The monthly payment amount shown includes only principal and interest. The escrow for property taxes, homeowners insurance, flood and/or mortgage insurance if applicable are not included in the monthly payment amount. Your actual monthly payment will be higher with escrow account included.
The interest rates, APRs and points shown may change throughout the day due to varying market conditions. Rates effective as of October 29, 2026. Rates are subject to change. To get more accurate and personalized results, please call 800-353-4449 to talk with a loan expert.
Adjustable Rate Mortgages (ARMs)
5/1 ARM, 7/1 ARM
Your interest rate remains fixed at for 60 months, after that time your interest rate is expected to change by 2% every 12 months. If an escrow account is required or requested, your actual monthly payment will also include amounts for real estate taxes and homeowner’s insurance premiums.
The information provided assumes the purpose of the loan is to purchase an existing single family detached home and will be used as a primary residence. The purchase price is $300,000 with a down payment of $75,000, with a loan amount of $225,000 and an LTV is 75%. For Golden Jumbos, the purchase price is $1,200.000 with a down payment of $3,000,000, with a loan amount of $900,000 and an LTV is 75%. The property is located in Oakland County, Michigan. There is an escrow account for property taxes and homeowners insurance. The rate lock period is 45 days and the assumed credit score is 780 or higher.
*Adjustable Rate Mortgages are variable, and your Annual Percentage Rate (APR) may increase after the original fixed-rate period. The First Adjusted Payments displayed are based on the current Constant Maturity Treasury (CMT) index, plus the margin (fully indexed rate) as the stated effective date rounded to the nearest 1/8th of one percent.
Home Equity Loans
Please note that displayed interest rates and fees are based on a $20,000 loan amount for a primary residence in the city of Southfield, Michigan. These rates are only available for loans that are subordinate to a 1st mortgage. The actual interest rates and fees available will be based on actual credit history and may be different than the rates and fees displayed here.