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About our Adjustable Rate Mortgage (ARM) Loan    mortgage calculators

Looking for a lower initial payment? Want to qualify for a higher loan amount? Or, perhaps you only plan to live in your home for a limited number of years – if you answered “yes” to any of these questions then you may want to consider an Alliance Combo ARM. Depending on the loan that you choose, rates are fixed for the first 3, 5, 7 or 10 years. After the initial fixed-rate period, the loan may adjust and the loan payment could go up or down. We service your loan personally and hold it in our own portfolio. If you need assistance deciding, please use our mortgage calculators to compare terms.

Special Alliance Features:

  • No escrow account required for taxes or insurance
  • No private mortgage insurance (PMI)
  • No discount points
  • 30-year amortization schedule
  • All loans have 5% rate increase cap, whereas most lenders have a 6% cap.

Jumbo Home Loans

Alliance Credit Union does not mark up their rate on Jumbo Loans, like most other lenders.That means you get the same low rate for loans $726,200 and greater.

Other Mortgage Options:

First-Time Homebuyers

First-time homebuyers can now buy a new home with just 5% down. With this new program, first-time homebuyers pay no lender fees and do not have the responsibility of paying hundreds of dollars each month in mortgage insurance. Unlike our competitors, Alliance will cover the processing fee, appraisal fee, credit report fee, and flood certification. This is a savings of over $1,400. Our First-Time Homebuyer’s Program is also available for buyers who have not owned a home in three years. If you have any questions about our new First-Time Homebuyer Program, please call one of our Home Loan Specialist today at 636-343-7005, option 3.


Home Equity Loans
Use the equity in your home to get the cash you need. You can use the funds for any purpose. Home equity loans are great for consolidating debt.

Have questions?

Call a Home Loan Specialist at (636) 343-7005, option 3 or visit a branch near you. We’re happy to answer any of your questions!

Our NMLS number is 402567.

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