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3/1 ARM as low as 2.500% Interest Rate, 2.684% APR, 30-Year, 0 Points

Make your San Diego home a reality

  • Special low rate for affordable monthly payments
  • Interest rate stays the same for 3 years, then adjusts every year
  • 2% rate adjustment cap every year with a lifetime rate cap max of 6%

Enhance your buying power

  • 0 points due at closing
  • Low initial payments
  • The benefits of both fixed & ARM
  • Up to 6% seller concessions allowed

Trust local Mission Fed service

Count on Mission Fed to assist you through the process. Your Loan Officer, Processor and Underwriting Teams are all located in San Diego. And, we retain servicing of your loan, so you’ll always be dealing directly with us.

We look forward to helping you buy your new home or lower your rate and monthly payment—give us a call at 858.546.2039 and ask to speak with a member of our Purchase Team.

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Feel at home with the fine print, too. APR = Annual Percentage Rate. APR is 2.684% as of 11/26/2013. Conforming loan (maximum amount $417,000): A payment on a $250,000 30-year adjustable rate loan at a rate of 2.500% and 80% Loan to Value (LTV) is $987.80 for the first 3 years, with 0 points due at closing. Rates are subject to increase or decrease. Rate is based on the index of the 1-Year London Interbank Offered Rate (LIBOR) + 2.00% margin. Maximum cap of 2% every 1 years and 6% over the life of the loan. If the LTV is greater than 80%, Private Mortgage Insurance will be added to your monthly mortgage payment. Payments do not include taxes and insurance premiums; if applicable, the actual payment will be greater. For loan amounts with an LTV of 90% or greater, an escrow account for the payment of taxes and insurance will be required. Property must be your primary residence, and located in San Diego County. A Mission Federal Credit Union account is required to be established to close the loan. Examples assume (unless otherwise noted): closing costs are paid out of pocket; no cash out at closing; and credit score is 720 or greater. Rates and terms may vary based on credit qualifications. Other rates and terms are available. Restrictions may apply. All programs, rates, terms, conditions and services are subject to change without notice. 12/13