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ARM, Balloon, & jumbo mortgages

Take Advantage of Our Variety of Mortgage Programs Tailored to Meet Your Unique Needs

Home > Mortgages > ARM, Balloon, & Jumbo Mortgages

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.