Mutual Security Credit Union, NMLS #411722

Mortgage Markets CUSO LLC (credit union service organization), operates for the benefit of credit unions and credit union members offering Conventional, FHA, VA, USDA, and jumbo mortgage products. By collaborating with other credit unions in a cooperative effort, Mortgage Markets CUSO LLC has developed leading edge technology, mortgage expertise, local underwriting, and excellent personal service. Not all products and options are available in all states. Mortgage Markets CUSO LLC, NMLS #157939

ARMS:
The terms disclosed assume a $200,000 Adjustable Rate Mortgage loan at 75% loan-to-value for purchase of a single-family, owner-occupied property in Danbury, CT, 740 credit score, and 30-day rate lock with no Discount Points. All loans subject to credit and property approval. Not all applications submitted may qualify and rates may vary based on the specific loan scenario. Terms and conditions may apply. These adjustable payments do not include taxes and insurance, total monthly obligation will be higher. Additional rates may apply for higher or lower loan amounts, loan purpose, credit score, or LTV.

5/1 ARM:
The rate is fixed for 5 years, then adjusts every 12 months with a max 2% first adjustment, then a max of 1% every 12months, with a lifetime 6% cap on increases to a max rate of 11.125%. One Year Treasury Index, 2.75% Margin. Initial Interest Rate 5.125% / APR 6.294%. 60 principal and interest payments of $1088.97, Month 61-72 Interest Rate 7.125% principal and interest payments of $1315.05, Month 73-84 Interest Rate 8.125% principal and interest payments of $1432.11, Month 85-96 Interest Rate 9.125% principal and interest payments of $1550.18, Month 97-108 Interest Rate 10.125% principal and interest payments of $1668.84. Months 109 and after Interest Rate 11.125% principal and interest payments $1787.70.

7/1 ARM:

The rate is fixed for 7 years, then adjusts every 12 months with a max 2% first adjustment, then a max of 1% every 12months, with a lifetime 6% cap on increases to a max rate of 11.25%. One Year Treasury Index, 2.75% Margin. Initial Interest Rate 5.25% / APR 6.181%. 84 principal and interest payments of $1104.41, Month 85-96 Interest Rate 7.25% principal and interest payments of $1317.98, Month 97-108 Interest Rate 8.25% principal and interest payments of $1427.96, Month 109-120 Interest Rate 9.25% principal and interest payments of $1538.41, Month 121-132 Interest Rate 10.25% principal and interest payments of $1648.89. Months 133 and after Interest Rate 11.25% principal and interest payments $1759.05.