Adjustable Rate Mortgage(ARM)
	Adjustable Rate Mortgages do not have a fixed interest rate for the life of the loan. The rate adjusts periodically based on an index that changes with the market. With an ARM, the subject property may be: One, two, three or four units (owner occupied only) A second home (single family units and Condominiums only)** Condominium Planned Unit Development Townhouse Benefits for ARMs include: Low initial interest rate Lower initial payments Increased purchasing power Payment term options available Rate is lock available at the date of application or the rate five business days prior to closing, which ever is lower. New rates are calculated as follows: Index + Margin rounded to the nearest 1/8th

1-800-628-7070

Privacy Policy   :::  Security Statement

Membership is open to anyone who lives, works, worships, attends school,regularly conducts business in Nassau or Suffolk County, or is an immediate family member of a current member.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency.  We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.