Home Mortgage Loans

A Mortgage Designed For Real-Life Timelines

 

  • Competitive Rates
  • Variety of Programs
  • Free Pre-Qualification
  • Refinancing Available
Mortgage Rates

This Isn’t Just A Mortgage, It’s A Way To Manage Your First 7 Years Of Homeownership.

Most homeowners don’t stay in the same mortgage forever. HomeFlex 7 is built for flexibility, a breathing room, giving you stability today and options tomorrow.

 

How HomeFlex 7 Works

  • HomeFlex 7 is a 7/1 Adjustable-Rate Mortgage (ARM) — Your loan is structured to give you stability upfront, with flexibility later.
  • The First 7 Years: Fixed & Predictable — Your interest rate stays the same.
    • Consistent monthly payments
    • Stability while you settle into your home
    • Time to plan your next move
  • After Year 7: Adjustable Rate Period — Your rate may adjust periodically based on market conditions. 
  • Built On A 30-Year Term —  Even though the rate structure changes, your loan is still set up as a 30-year mortgage.
    • Payments are spread out over 30 years
    • You’re not required to pay off the loan in 7 years
    • After the fixed period, the loan simply continues with an adjustable rate for the remainder of the term

 

Designed For Real-life Timelines

Lower Monthly Payments Today
Start with a rate designed to keep your payments manageable upfront.
7 Full Years Of Predictable Payments
Enjoy stability and peace of mind with consistent payments.
Freedom To Refinance Anytime
No prepayment penalties, refinance when the time is right for you.
No Long-Term Commitment Risk
Avoid locking into a long-term structure that doesn’t match your plans

 

HomeFlex 7 Is Built For Buyers Who Are:

  • Feeling priced out of a 30-year mortgage 
  • Need to get into the market 
  • Looking to refinance when rates improve
  • Doesn't want to overpay on a mortgage every month
 

Ready to View Rates?

We keep our rates transparent and updated.

Mortgage Rates

 

Get In Touch

Connect with our dedicated Mortgage Originators to discuss HomeFlex 7 and if its right for you:

     

 

Find Your Perfect Financing Fit

At SMCU, we offer a suite of options designed to match your specific financial goals.

 

Choose Your Path

Whether you are looking to see if HomeFlex 7 or another Mortgage product is right for you, we have options!

  • Fixed-Rate Mortgages: Standard 10,15, 20, and 30 Fixed Rates to lock in your peace of mind. Your rate stays the same for the life of the loan, making budgeting a breeze.

  • Jumbo Mortgage Loans: Sometimes, a standard mortgage doesn't match the scale of your ambitions. If you’re eyeing a spacious residence designed for the whole family, this mortgage might be right for you

 

We'll Guide You

Still not sure which path to take? You don't have to figure it out alone. Get in touch with our expert Mortgage Originators, Karen Mitchell or Maria Mendoza, to build a plan that works for you.

Apply Now

1Valid for St. Mary's Credit Union mortgage pre-qualification only. Valid on new home purchase mortgages, excludes co-op, mobile or manufactured homes. Subject to credit and loan approval. Consumers Only. Owner Occupied Only. One coupon per loan. Closing costs credit is not applicable to home equity loans or lines of credit. Membership eligibility required. Offer may be withdrawn at any time. Coupon will be credited at closing. Consumer should reference coupon in online application or in person.