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Adjustable Rate Mortgage

Enjoy the flexibility to fit your plans with an adjustable-rate mortgage loan from Union Bank.

  • Various terms available: 5/1 or 7/1
  • Fixed-rate and payment for the initial rate period (three, five or seven years)
  • After the initial rate period, the rate will adjust up or down every year to the index
  • Finance up to 80% of the current appraised value
  • No pre-payment penalties