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Spectrum Credit Union recognizes there’s no one-size-fits-all solution, especially when it comes to a home loan.

Whether you’re a first-time homebuyer or a seasoned borrower, you may prefer a mortgage with an interest rate that grows over time. For example, if you’re early on in your career and expect your income to grow over time, an adjustable-rate mortgage allows you to have an initial lower payment, which translates into increased purchasing power up front. This means you can take the time you need to grow into a higher interest rate.


  • Starts out with a lower interest rate that results in an initial lower payment
  • Available in 15- and 30-year terms1
  • Provides an initial fixed-rate period of 3, 5, 7, or 10 years before the rate adjusts; the interest rate can adjust every six months thereafter.

More information

Our Mortgage Loan Officers are here to help you every step of the way. Please call our Home Loan Help Desk at 888-750-4124. For those outside the U.S., call 510-251-6010. 

To check your pending application status, simply log in to your existing application.

Determine your monthly mortgage payment.


Please Note: Credit bureaus are allowed to make your contact information and credit score available to other mortgage providers. If you wish to opt-out of receiving pre-screened offers, call 888-5-OPTOUT (888-567-8688) or visit

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1 Payment Example: At a 6.250% initial interest rate (7.309% APR), a 5/6 ARM with a 30-year term would have monthly payments of $4,433.16 for the first 60 months, then $5,186.82 for the next 300 months, assuming no increase to the index. Your actual payments will be based on market conditions at the time of interest rate changes per the terms of your loan agreement. For ARMs, the rate may increase after consummation. These payments are based on a $720,000 loan on a $900,000 property in Alameda County, CA. If an escrow account is required or requested, your actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. The values shown assume the loan is for the purchase of a single-family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher.

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