Great customer service! My loan went so smoothly!

 - Rvera*

Lower Your Interest Rate with an Adjustable-Rate Mortgage

A conventional adjustable-rate mortgage (ARM) is a variable-rate loan providing low initial rates and flexible terms to match your home-buying needs. Find the adjustable-rate mortgage that’s right for you.

Conventional Adjustable-Rate Mortgage

  • Low Monthly Payments – Provides lower initial payments than a fixed-rate mortgage
  • More Buying Power – May qualify for a higher loan amount
  • Great Rates – Competitive Security Service rates to save you even more over the life of the loan
Product Points APR Rate as low as... Payment example
10/1-Year Adjustable Rate Mortgage * 0% 3.689% 3.375% $596.83
15/15-Year Adjustable Rate Mortgage * 0% 3.631% 3.500% $606.21

*Based on a $135,000 Loan Amount with an 80% LTV, and FICO>=740. Payment examples do not include taxes and insurance premiums; actual payment may be greater. Rate and payment may increase after consummation and varies based on index and margin.

Adjustable Rate (10/1 ARM) - Primary or secondary owner occupied residence,$135,000 loan amount, 80% Loan-to-Value, 2% annual adjustment and 5% over the lifetime of the loan.

Adjustable Rate (15/15 ARM) - Primary or secondary owner occupied residence,$135,000 loan amount, 80% Loan-to-Value, 5% Rate Cap for one-time adjustment.


Is an adjustable-rate mortgage right for me?

An adjustable-rate mortgage (ARM) is a variable-rate loan, which means you get low initial rates and flexible terms. Initial lower interest rates could help you secure a smaller monthly mortgage payment and may help you qualify for a larger loan amount, giving you more buying power. An ARM may also be a smart choice if you do not plan to stay in the home for an extended period of time. You can purchase at the initial low rate and sell before the adjustment period.


How does an adjustable-rate mortgage work?

The interest rate varies during a specific time of the loan. Security Service ARMs have initial fixed-rate periods in which your rate remains the same, then, depending on which ARM you have chosen, there is a single rate adjustment or multiple rate adjustments.


Adjustable-Rate Mortgage Example

Security Service provides a variety of ARM terms. One of the most popular loans is a 15/15 ARM which has an initial fixed-rate period for 15 years. Then on year 16 there is a single adjustment to the rate; that’s your new rate for the next 15 years. Payments are spread over the full 30-year loan term, keeping your monthly payments low.



Financing available for properties in Texas, Colorado or Utah. Membership eligibility required. Loan subject to credit approval. Minimum loan amount may apply. Rate based on the purpose of loan, loan to value, and credit score, so your rate may differ. Rates subject to change.

† APR = Annual Percentage Rate. The APR is accurate as of 2/26/20.

* Image is for illustrative purposes only. Not an actual member.