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If you’re a doctor or dentist currently in your residency or fellowship, or have been matched to a residency program, you could be eligible for this limited-time 5/1 Adjustable Rate Mortgage (ARM) offer. Simply apply for your mortgage on or before May 1, 2026, and lock in your loan by June 1, 2026.
Our local Mortgage Advisors are ready to help you every step of the way.
benefits
of our Match Day Special:
- 0% down payment1
- Excludes student loan debt
- No PMI
ARM mortgage:
what is an adjustable rate mortgage (ARM)
An ARM has an initial interest rate that’s fixed for a specific period of time, followed by an adjustable interest rate that increases or decreases over the remaining life of the loan, based on certain market conditions.
A 5/1 ARM has a fixed interest rate for the first 5 years of the loan. Afterwards, the rate is adjusted every year.
5/1 ARM:
what are the benefits?
- You could have an initial lower monthly payment than a fixed-rate mortgage usually offers.
- It’s a good choice if you plan to refinance or move before the end of the introductory fixed-rate period.
- Ideal if you think interest rates may go down in the future.
[1] APR=Annual Percentage Rate. For well-qualified borrowers. Rate and terms subject to change at any time. Loan subject to credit and collateral approval as well as program terms and conditions. Limited-time rate based on 5/1 adjustable-rate mortgages (ARM) as low as 4.99% interest rate. Payment example, initial payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 4.99% and 70% loan-to-value (LTV) is $1,072. After the initial 5 years, the fully indexed Annual Percentage Rate (APR), based on rates as of 02/16/2026, of 6.375% is in effect for the remaining 25 years and can change once every year for the remaining life of the loan. Payment example does not include amounts for taxes and insurance premiums. If applicable, actual payment obligation will be greater. Rates are variable and subject to change after 5 years and your payment may increase or decrease as rates change. Must apply on or before 6/1/2026. Loans with an application date on or before 5/1/2026 must be locked by 6/1/2026. Rate includes a .125% discount available to applicants who register, prior to close, to have their mortgage payment automatically deducted from a United Rewards or Ultra Checking account each month. To be eligible for the Match Day limited-time special mortgage rate, the doctor/dentist must be in a residency or fellowship program or in medical school and matched with a residency program. Certain restrictions apply. This offer is exclusive to new purchases only. Financing up to 100% of the retail value of the property is available. Up to 360 months’ financing is available. You can potentially get 100% financing with no PMI. Rates may be increased after consummation.