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No one can predict what mortgage rates will do next, and waiting for the “perfect” moment to buy could mean missing out on the home of your dreams.
Our limited-time FutureFlex Mortgage¹ was built for buyers who are ready to buy now, but want the freedom to modify their mortgage if market conditions change later.
With this offer, you can modify your rate or loan type for only $995 within 36 months after closing,¹ no full refinance required.
Buy with confidence now, knowing you can flex if needed. But act fast! Apply by September 30, 2026 to take advantage of this offer.
Why pay thousands to refinance later?
A traditional refinance on a $300,000 mortgage can average anywhere from $6,000 to $18,000 in fees, plus the time and complexity of starting the process over. FutureFlex Mortgage builds flexibility directly into your mortgage for only $9951 so if conditions shift, modifying is easy and less costly.
You've got options.
Interest Rate Modification
Adjust the APR3 of your fixed-rate mortgage (your term and number of remaining payments remains unchanged). Not available for adjustable-rate mortgages (ARMs).
Loan Type Modification
Convert your ARM to a fixed-rate mortgage (your term and number of remaining payments remains unchanged).
Both options are a flat fee of $995¹ – no extra closing costs, no new credit review. Your mortgage is ready for future flexes.
Buy the home you want now, with flexibility built in. At Spectrum Credit Union, we know that rates may change and life evolves, so your mortgage should too. FutureFlex Mortgage gives you 36 months after closing to modify your rate or loan type for only $995.¹
¹ Offer valid for new mortgage applications received between June 25 and September 30, 2026. The mortgage modification fee of $995 is due at the time of the modification and cannot be added to the loan balance. A FutureFlex loan modification does not allow for the principal balance to be changed or to cash out home equity. Interest Rate Modification available only for fixed-rate mortgages; Loan Type Modification available only for adjustable-rate mortgages (modify ARM to fixed-rate mortgage). Modification will not change term of original mortgage. Modified loan pricing is based on original product classification – e.g., an original jumbo mortgage will receive jumbo mortgage pricing during a modification, even if the outstanding principal balance has dropped to conforming mortgage level. Mortgage modifications are limited to once every 12 months within the 36 month period after closing. In some cases, a traditional or cash-out refinance may be more appropriate for you.
Current rates are available on our website or by calling 888-750-4124. Modification pricing is based on prevailing rates at the time of modification. Exclusions include Credit Union mortgages that have not made 12 on-time payments, mortgages sold to Fannie Mae but serviced by the Credit Union, and HELOCs. Member must be in good standing with the Credit Union to qualify. Program terms and conditions are subject to change at any time. Other restrictions may apply.
² Savings shown are for illustrative purposes only and are based on an average of 2% - 6% in refinancing fees for a $300,000 mortgage. Actual savings may vary depending on loan amount, term, rate, timing of rate reduction, and individual qualifications.
³ APR=Annual Percentage Rate