Go to main content FedChoice Federal Credit Union
Routing #: 254074785About Contact Forms

Adjustable-Rate Mortgages (ARM)

Choose the mortgage option that best fits your needs! We go beyond the traditional ARMs to offer you new and exciting options. 

15/15 Adjustable-Rate Mortgage has a fixed interest rate for the first 15 years and only adjusts one time, after the first 15-year period has passed.

5/5 Adjustable-Rate Mortgage has a fixed interest rate for the first 5 years (60 months) and then adjusts in year 6 and every 5 years afterwards (years 6, 11, 21, and 26).

In the rising rate environment that we're currently experiencing, an Adjustable-Rate Mortgage may be a perfect loan product for a first-time home buyer and for members seeking an economical financing solution to purchase their next home.

Your mortgage payment may be lower than a "standard" 30-year fixed rate mortgage plus you could save thousands in interest over the term of the loan!

Speak to an Expert

We'll walk you through the process step-by-step and make sure you're getting the mortgage that's right for you - and your budget. Reach out to us and one of our mortgage experts will be happy to help you. Call 301.699.6126 or email us.

  • Which mortgage is right for you? Learn about your loan options, and which program is best for you.
  • What are my rate options? Check out the latest rates and terms available.

As your financial consultant, it’s our responsibility to offer you quality products and services. That's why we're proud of our partnerships with myCUmortgage and CUMA (Credit Union Mortgage Association).

  • FedChoice mortgages are originated, processed and retained by our trusted partners.
  • myCUmortgage is licensed in 47 states (excluding AK, HI and NY).
  • CUMA originates, processes and retains mortgages for properties located in Alaska, Hawaii and New York.

FedChoice NMLS # 399841 provides mortgage loans by partnership with myCUmortgage, LLC. NMLS # 565434 and by partnership with CUMA NMLS# 296727.

Home Mortgage Disclosure Act Notice

The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of loans and applications; ethnicity, race, sex and income of applicants and borrowers; and information about loan approvals and denials. Inquire at this office regarding the locations where HMDA data may be reviewed. To receive a copy of this information, send a written request to FedChoice Federal Credit Union, 10001 Willowdale Road, Lanham, MD 20706.