% % APR Zero Points Low Closing Costs Free 90-Day Rate Lock

Looking for a low rate that only an adjustable rate mortgage can offer but want the stability of a fixed rate mortgage? You're in luck! With Pentagon Federal Credit Union's exclusive 5-Year Fixed Rate Mortgage, you can have the best of both worlds.

How It Works

• Adjustable Rate Mortgage with a low rate that only adjusts every 5 years for 30 years
• Rate would adjust up to 2% or our prevailing rate, whichever is the lowest
• Maximum lifetime adjustment that will not exceed 5% above the initial rate

If you can find a better deal, TAKE IT!

Apply Now!

Pentagon Federal Credit Union serves over 740,000 members in the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, and the Veterans of Foreign Wars. We were federally chartered in 1935 and serve our members worldwide.

Pentagon Federal Credit Union is one of the strongest and safest financial institutions with more than $10 billion in assets. We offer mortgages, credit cards, automobile loans, personal loans, checking, money market savings, and other accounts.

Applications for investment properties or refinancing of existing Pentagon Federal mortgages are not eligible for this promotion.

5-Year Fixed Rate Loan example: $100,000 at initial rate of 5.625% (5.377% APR), 60 monthly payments (based on 360-month amortization) of approximately $576 each (principal and interest only). The interest rate may adjust above or below the initial rate after every 60th payment by: no more than 2%, never to exceed 5% above the initial rate; or the index and margin; or the current 5-year ARM rate; whichever is lower.

Low Closing Costs: Applications for investment properties or refinancing of existing Pentagon Federal mortgages are not eligible for this promotion. PenFed pays credit report, flood search, tax set up, and appraisal fees. We pay settlement attorney fees if one of our preferred providers is used. In the event a second appraisal is required or additional attorney fess are levied the applicant will be responsible for any future costs. The applicant is responsible for the following fees and costs at the time of closing: Origination fee (Fixed rate loans only), Title costs, recording fees, survey or pest inspection costs, escrow reserves and interest due until first payment, other cost may be included on a case-by-case basis. Escrow will only be waived at 75% LTV. If a loan is withdrawn, does not close, or the purchase contract is terminated, all third-party fees and costs incurred will become the responsibility of the applicant. Other terms and conditions for closing costs may apply, please contact a mortgage representative for details. Different terms and conditions may apply in Puerto Rico. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.