15/15 Adjustable Rate Mortgage (ARM)

Our two-step loan will keep your finances on the right foot.

It's a simple way to experience both lower rates and long-term stability. Step one: Borrowers lock in lower initial rates for a full 15 years. Step two: After that period, your rates can be adjusted only once, allowing you to set your housing budget with confidence for the next 15 years. Planning to move again or refinance in the future? Then our 15/15 Adjustable Rate Mortgage is an even better choice.

Already have an application? Check your borrower portal for updates on your loan.

A great start

15/15 ARM features a lower initial interest rate than most 30-year, fixed-rate mortgages.

Just one adjustment

Rates for our 15/15 ARM can adjust only once over the life of the loan.

Refinancing options

If rates drop at any point, we can help you transition to a more cost-effective loan.

CoastHills Credit Union is a full-service financial institution with 12 Central Coast locations throughout Santa Barbara and San Luis Obispo counties.

*Subject to credit approval. Some restrictions may apply.


Your questions answered

By setting up automatic payments on any loan, you're reducing your risk of missing a payment which could result in late fees. For help in setting up autopay, visit any of our 12 Central Coast locations, or call us at (805) 733-7600

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Here to help

No matter your inquiry, give us a call at (805) 733-7600, or use one of our other convenient contact methods.