3-year ARM, conforming: 5.750% Rate (6.412% APR)

Get that lower rate that you're after with a Star One adjustable-rate mortgage (ARM).

Choose a fixed-rate period to start—three, five, seven or ten years. After that period, your rate will increase or decrease each year until the end of your thirty-year loan.

Flexibility: If rates drop in the future, just use our Mortgage Rate Modification program to lower your rate or lock into a fixed-rate mortgage—for a simple fee.

Added bonus: We don't charge loan origination fees—so you'll save thousands when you buy a home in a high-cost area.

Pro tip: With our special 5/5 ARM, your interest rate will only change every five years after the initial five-year fixed-rate period. With our lowest starting rate—5.750%Rate (6.383%APR[1] Annual Percentage Rate (APR). Current rate 5.750% (6.383% APR) is subject to change. For example on a 30-year 5/5 ARM loan of $300,000, you would make 360 monthly payments. The monthly payment in the first five years would be $1,750.72 and would be adjusted after the fifth year. )—this may be the right mortgage loan for you.

Learn About the 5/5 ARM

Adjustable-rate mortgage calculator

Enter a mortgage amount — up to $5 million

30-Year 5/5 Adjustable-Rate Mortgage [2] The 5/5 adjustable-rate mortgage (also known as a "5/5 ARM") is a 30-year loan that has a fixed interest rate for the first five years. For the remaining 25 years, the interest rate is variable.

The current interest rate for the first five years is 5.750% (6.383% APR for conforming loans, or 6.482% APR for jumbo loans).

After five years, the interest rate and APR will adjust every five years, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every five years after the initial five-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first five years of this loan.

A sample payment scenario for a loan of $300,000 at the current 5.750% interest rate (6.383% APR) would be 60 payments of $1,750.72, followed by 300 payments based on future variable rates which adjust every five years.

Loan payments do not include taxes and insurance.

Rate

5.750%

APR Conforming[4] [5] [6]

6.383%

APR Jumbo [7] [4] [5]

6.482%

Get Started

3-Year Fixed-to-Adjustable-Rate Mortgage [8] The 3-year fixed-to-adjustable-rate mortgage (also known as a "3-year ARM") is a 30-year loan that has a fixed interest rate for the first three years. For the remaining 27 years, the interest rate is variable.

The current interest rate for the first three years is 5.750% (6.412% APR for conforming loans, or 6.546% APR for jumbo loans).

After three years, the interest rate and APR will adjust every year, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every year after the initial three-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first three years of this loan.

A sample payment scenario for a loan of $300,000 at the current 5.750% interest rate (6.412% APR) would be 36 payments of $1,750.72, followed by 324 payments based on future variable rates which adjust every year.

Loan payments do not include taxes and insurance.

Rate

5.750%

APR Conforming[4] [5] [6]

6.412%

APR Jumbo [4] [5] [7]

6.546%

Get Started

5-Year Fixed-to-Adjustable-Rate Mortgage [9] The 5-year fixed-to-adjustable-rate mortgage (also known as a "5-year ARM") is a 30-year loan that has a fixed interest rate for the first five years. For the remaining 25 years, the interest rate is variable.

The current interest rate for the first five years is 5.875% (6.358% APR for conforming loans, or 6.457% APR for jumbo loans).

After five years, the interest rate and APR will adjust every year, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every year after the initial five-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first five years of this loan.

A sample payment scenario for a loan of $300,000 at the current 5.875% interest rate (6.358% APR) would be 60 payments of $1,774.61, followed by 300 payments based on future variable rates which adjust every year.

Loan payments do not include taxes and insurance.

Rate

5.875%

APR Conforming[4] [5] [6]

6.358%

APR Jumbo [4] [5] [7]

6.457%

Get Started

7-Year Fixed-to-Adjustable-Rate Mortgage [10] The 7-year fixed-to-adjustable-rate mortgage (also known as a "7-year ARM") is a 30-year loan that has a fixed interest rate for the first seven years. For the remaining 23 years, the interest rate is variable.

The current interest rate for the first seven years is 6.000% (6.348% APR for conforming loans, or 6.419% APR for jumbo loans).

After seven years, the interest rate and APR will adjust every year, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every year after the initial seven-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first seven years of this loan.

A sample payment scenario for a loan of $300,000 at the current 6.000% interest rate (6.348% APR) would be 84 payments of $1,798.65, followed by 276 payments based on future variable rates which adjust every year.

Loan payments do not include taxes and insurance.

Rate

6.000%

APR Conforming[4] [5] [6]

6.348%

APR Jumbo [4] [5] [7]

6.419%

Get Started

10-Year Fixed-to-Adjustable-Rate Mortgage [11] The 10-year fixed-to-adjustable-rate mortgage (also known as a "10-year ARM") is a 30-year loan that has a fixed interest rate for the first 10 years. For the remaining 20 years, the interest rate is variable.

The current interest rate for the first 10 years is 6.125% (6.359% APR for conforming loans, or 6.393% APR for jumbo loans).

After 10 years, the interest rate and APR will adjust every year, depending on market conditions, based on an index and margin.

This means that the interest rate and APR—and monthly payments—may increase or decrease every year after the initial 10-year period.

You can use our mortgage calculator to calculate an estimated monthly payment for the first 10 years of this loan.

A sample payment scenario for a loan of $300,000 at the current 6.125% interest rate (6.359% APR) would be 120 payments of $1,822.83, followed by 240 payments based on future variable rates which adjust every year.

Loan payments do not include taxes and insurance.

Rate

6.125%

APR Conforming[4] [5] [6]

6.359%

APR Jumbo [4] [5] [7]

6.393%

Get Started

Fixed-rate mortgages

Get a fixed monthly payment for your primary residence or vacation property.

Save on interest with a 10-year mortgage or choose the classic 30-year mortgage.

Looking for something in between? Consider our 15-year mortgage or 20-year mortgage.

Fixed-Rate Mortgage

Investment-property mortgages

Choose from a range of fixed- or adjustable-rate mortgage loans for your rental or investment properties.

Investment Property Loans

Second mortgages

Borrow money or finance an Accessory Dwelling Unit (ADU) with a Home Equity Line of Credit (HELOC) or Home Equity Loan.

Home Equity Loans & Lines

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Check Your Rate

Minimum down payment and maximum loan for our first-time homebuyers

Unlock big savings for first-time homebuyers!

Discounted private mortgage insurance premiums
Appraisal-fee refund — up to $800

Ready to take the next step towards homeownership?

Learn more about our First-Time Homebuyer Program.

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Purchase a home

With our streamlined process, buying a home has never been easier.

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Home refinance

Save money and refinance to lower your interest rate, or take cash out.

Refinance Your Home

Mortgage rate-lock

Mortgage rates change continually—protect yourself against an increase.

Rate-Lock Commitment

How much down payment do I need?

Star One offers first-mortgage loans for primary residences with a down payment as low as 3%.

Loans with less than 20% down payment typically require PMI (Private Mortgage Insurance).

First mortgage for primary residences—single-family homes, condominiums and townhomes:

3% down payment: loans up to $1,249,125 (97% LTV)
5% down payment: loans up to $1,500,000 (95% LTV)
10% down payment: loans up to $2,000,000 (90% LTV)
15% down payment: loans up to $2,500,000 (85% LTV)
20% down payment: loans up to $3,000,000 (80% LTV)
25% down payment: loans up to $3,500,000 (75% LTV)
30% down payment: loans up to $5,000,000 (70% LTV)
Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV)

First-time homebuyers:

3% down payment: loans up to $1,249,125 (97% LTV)
5% down payment: loans up to $1,500,000 (95% LTV)
Ask a Loan Officer or Member Service Representative about lower mortgage insurance premiums and discounted appraisal fee

First mortgage for 2-4 unit primary residences:

20% down payment: loans up to $3,000,000 (80% LTV)
25% down payment: loans up to $3,500,000 (75% LTV)
30% down payment: loans up to $5,000,000 (70% LTV)
Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV)

First mortgage for secondary residence or vacation home (single-family only):