ARM, Balloon, & Jumbo Mortgages
Circle Federal Credit Union offers a variety of mortgage programs designed with terms and rates to fit your needs. We finance ARM, Balloon, & Jumbo Mortgages to service our members non-conventional mortgage needs. This means you will see your loan on your monthly statement and will make your payments directly to us.
Some of the Benefits of a Portfolio Mortgage include:
- Loan amounts of $647,200 or lower
- Adjustable-Rate Mortgages (ARMs) available
- Balloon mortgages available with terms of 5, 7, or 10 years
- Fixed rate mortgages available with as high as a 15 year term
- 20% down is required
- Flexible guidelines
- Escrow available
- Low rates, low closing costs
- We'll help guide you through the process
Apply Online Current Portfolio Rates
Some of the Benefits of an Adjustable-Rate Mortgage include:
- Typically have lower interest rates than fixed-rate mortgages
- Fixed for a set period of time
- Rate can lower during an adjustment period
- Lower rate means you pay more towards your principal every month
- Could qualify for a higher loan amount
- No pre-payment penalty, can refinance without a penalty
- Amortizations up to 30 years are available
Some of the Benefits of a Jumbo Mortgage include:
- Loan amounts of $647,201 and higher
- Balloon mortgages available with terms of 5, 7, or 10 years
- Fixed rate mortgages available with as high as a 15 year term
- 20% down is required
- Flexible guidelines
- Escrow available
- Low rates, low closing costs
- We'll help guide you through the process
Apply Online Current Jumbo Rates
Contact Nikki Welsch at 574-904-1598 or Chris Williams at 269-228-0073 for more information or to schedule a mortgage application appointment. NMLS #747642.
