Adjustable-Rate Mortgage Loan

What is an Adjustable-Rate Mortgage Loan?

Your initial interest rate is lower than a Fixed Rate Mortgage and is fixed for a specified period in an Adjustable Rate Mortgage (ARM) loan. The rate is then subject to adjustments annually, after the initial fixed rate period.

Is an Adjustable-Rate Mortgage right for me?

A conventional adjustable-rate mortgage (ARM) is a good option if you don’t really plan on planting roots in your home. Members who are looking to refinance or sell their home in a few years tend to like a conventional ARM. Maybe you don’t foresee staying in your city for a long time, you’re growing your career or family, or you just enjoy keeping your options open. The lower initial payments will give you time to build savings in the first few years.

Get the home of your dreams! With a conventional ARM loan from Mainstreet, we strive to provide:

No prepayment penalty

Competitive interest rates

Fees $500 less than competitors on average because we process and close our own loans

Local and personal service because we don’t sell our conventional loans

View our loan rates >

Estimate your savings with our financial calculators >

Apply now!

We make the home buying process as simple and convenient as possible. You can track and check your mortgage Online so you’re always up to date with your account. Apply Online today!

How to apply

Applying for your adjustable-rate mortgage loan is easy! We know you have places to be, so we make applying for a Mainstreet loan as convenient as possible. You can apply Online anytime from your phone or computer or you can always stop in and talk with us at any Mainstreet location.

Apply 24/7 Online at or dial 1.888.395.1010 during normal business hours. To make your loan application even easier, have employment information, income and social security numbers of all applicants handy.

Apply now!