HERE'S WHY.
Built for people who plan smart.
Guaranteed low rate for 10 years
Your rate is completely fixed for the first decade, giving you stability and certainty when it matters most.
1.25% below the 30-yr fixed*
LAFCU prices the 10/6 ARM at full 1.25% percentage points below the 30-year fixed rate.
Buy more home for less
A lower monthly payment means you can qualify for a larger loan, opening doors that a fixed-rate might keep closed.
Free pre-approval
LAFCU offers free pre-approval so you can shop with confidence and move fast when you find the right home.
How the 10/6 ARM works over 30 years
After year 10, the rate adjusts every 6 months based on market conditions, with a lifetime cap of 5% above your initial rate and a floor of 3.25%. Many members refinance or sell before year 10, keeping the lower rate for the entire life of their loan.
Ready to start saving?
Lock in your rate before the market moves. Apply online or talk to a loan officer today.
MEMBERSHIP
Not a LAFCU member yet?
Joining takes minutes and opens the door to the 10/6 ARM and every other benefit LAFCU offers. Membership is open to anyone who lives, works, worships or attends school in Michigan.
*Programs, rates, terms and conditions are subject to change without notice. All loans are subject to approval and additional restrictions may apply. The 10/6 ARM rate is a 30 year loan. The 10/6 ARM rate is fixed for the first 10 years. After the fixed period, rates are subject to change every 6 months. The floor rate for the 10/6 ARM is 3.25%. 5% down payment is required. Annual Percentage Rate may increase after consummation.