Lower your payment while you get started.
A 3/1 ARM can help homeowners enjoy a lower initial rate for the first 3 years.
Lower starting monthly payments
Great for first-time buyers
Mortgage experts to guide you
3/1 ARM Promotional APR/Rate*
Looking for a lower mortgage rate to help make home ownership or refinancing more affordable?
5.25% promotional rate for 3 years.
How a 3/1 ARM Works
A 3/1 ARM is designed for borrowers who want a lower initial rate and expect a future change – such as moving, refinancing, or increased income.
- First 3 years: Enjoy a fixed interest rate of 5.25% providing stability and lower monthly payments.
- After year 3: The rate adjusts once per year based on market conditions, subject to built-in caps.
This structure can be mean significant savings upfront, especially if you don’t plan to keep the loan long-term.
*Payment examples are based on a $100,000 mortgage with a 20% down-payment. Payment example based on fixed mortgage rate as of 5/16/26 of 6.75% and the promotional 3/1 ARM rate of 5.25%. May vary based on your specific requirements, credit history, terms and fees.
How a 3/1 ARM Works
Year 1-3
You receive a lower fixed interest rate
After Year 3
Your rate may adjust annually based on market conditions.
Why Some Buyers Choose an ARM
- Planning to move within a few years
- Expecting income growth
- Wanting lower initial payments
- Buying a starter home
Is a 3/1 ARM Right for Me?
- You prefer long-term payment stability
- You plan to stay in the home long-term
Meet Your Local Lending Team
3/1 ARM Promotional Rate - 5.25% APR/Rate*
Looking for a lower mortgage rate to help make home ownership or refinancing more affordable?
5.25% promotional rate for 3 years
Adjustable-Rate Mortgage Disclaimers: *Rate effective as of 4/1/2026. Payment example: A 30-year loan with an initial interest rate of 5.250%, the payment for 36 months would be $5.52 per $1,000 . The maximum amount the interest rate can rise under this program is 6 percentage points to 11.250% and the monthly payment can rise to $9.71 per $1,000 in the 61st month.
Introductory rate for the 3/1 ARM reflects a reduction in effective rate until the first adjustment after the third year. After the introductory period, rates are based on an index and margin. The index is the weekly average yield on the United States Treasury Securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board, plus a margin of 2.875% rounded to the nearest 1/8 of a percent. The current weekly average yield is 4.200% + margin of 2.875% rounded to the nearest 1/8th would be 7.125%. All stated payments include principal and interest only. 3/1 ARM rates available for purchases or refinances on single-family, owner-occupied homes. Annual Percentage Rates (APR) reflect 20% equity based on appraisal or sale price, whichever is lower. Rates are subject to change without notice. Rates and fees may vary based on credit score, loan-to-value, type of property and amount of loan. Additional terms and conditions apply.