The Rate Improver Mortgage "TRIM"

The Rate Improver Mortgage (TRIM) allows you to trim down your mortgage payments with one free float down of the interest rate within the first 5 years of your closing date.

Monitor and Save with Your "TRIM" Mortgage Loan

 

After closing on your "TRIM" mortgage loan, you have the unique opportunity to keep an eye on mortgage rates and choose the best time to reduce your rate within the first 5 years.
 

By visiting the Primary Mortgage Market Survey (PMMS) by Freddie Mac and checking the “30-yr FRM” rates, you can determine the optimal moment to float down your rate.

https://www.freddiemac.com/pmms

 

Once you decide to float down, simply contact our Servicing Department.  Your new lower rate will be locked in on the day you communicate with us, and at no additional cost!  


Take control of your mortgage and save with "TRIM" today using the Apply Now button below!

Rates Calculator

Enter your home loan details to get personalized quotes.

Amortization Type

The information provided on this page is for comparative purposes only. Rates and terms may change at any time and without prior notice. Your actual rate, payment, terms and costs could be different. Get an official Loan Estimate before choosing a loan. Your rate, fees, and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value ratio, etc. The payment examples do not include mortgage insurance. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.

Results

See Full Report Below

Federally insured by NCUA. Shares and deposits in excess of NCUA limits are fully insured by MSIC. Equal Housing Lender
Freedom Credit Union NMLS # 478769 / Routing # 211885988