Routing & Transit Number: 283079227
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Adjustable Rate First Mortgage

Adjustable Rate Mortgages can be your best option when looking for the lowest monthly payment.

 

We offer three different types of Adjustable Rate Mortgages (ARMs): the 1 Year ARM, 3 Year ARM, and a 5 Year ARM. All features listed below include a maximum term of 30 years:

 

Program Initial Rate
Period

Subsequent

Adjustment
Period

Initial Rate
Change Cap

Subsequent

Rate Change

Cap

Lifetime Rate

Change Cap

1 Year ARM 1 year Annually 2.00% 2.00% 6.00%
3 Year ARM 3 years Annually 2.00% 2.00% 6.00%
5 Year ARM 5 years Annually 2.00% 2.00% 6.00%

 

L&N Federal Credit Union is committed to providing you unsurpassed service. That is why we never sell the servicing of your mortgage to another company. You never have to worry about where your mortgage is from day to day. You can always count on L&N Federal Credit Union to serve you.

 

 

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For more information on our Home Mortgage programs, contact our Real Estate Department at (800) 292-2905 or (502) 368-5858. Or, email us at realestate@lnfcu.com.

 

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© 2013 L&N Federal Credit Union | 9265 Smyrna Pkwy, Louisville, KY 40229 | 502.368.5858 | 800.292.2905
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