Start With a Lower Mortgage Payment

Citadel’s Adjustable Rate Mortgage (ARM) options let you start with a lower payment for the first 7 or 10 years. Then your payment adjusts each subsequent year. Pre-qualify online in minutes. It's fast and free.

Adjustable Rate Mortgage (ARM)

Our Adjustable Rate Mortgages have a lower principal and interest payment for the first 7 or 10 years, which then adjusts each subsequent year. Schedule an appointment with one of our Mortgage Loan Originators to learn more today!

Featured Mortgage Rates

*Offers are subject to credit approval. REG = Regular Rate. APR = Annual Percentage Rate. Read Full Disclosures.

Additional Features

  • Free pre-approval – Get your financing approved before you buy, so you know exactly how much you can spend. Get pre-qualified.
  • Free prepayment – We do not charge penalties if you want to pay off your mortgage early.
  • Servicing by Citadel – Citadel will be your mortgage servicer. You’ll make payments to Citadel, and we’ll be your point of contact for any questions you may have.
  • First-time homebuyer support – From start to finish, we’ll walk you through everything you need to know. We offer mortgage loans for first-time buyers with as little as 3% down. We can also connect you with local and federal grant programs designed to assist with your down payment and closing costs.
  • Title insurance – Citadel can help you obtain title insurance and other title-related services. Learn more
  • Low closing costs 
  • Online & Mobile Banking – Make payments and manage your loan account. Learn more.

Ready to speak with a representative about a Adjustable Rate Mortgage?

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Citadel's Video Specialists are just a few clicks away with Video Connect. Skip the trip to the branch office and video chat safely and securely from your preferred location. Learn More.

On your laptop, desktop, or mobile device, our Video Specialists can help you complete almost any banking-related task:

✔ Open a new account
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Contact a Consultant

Not sure yet? No problem. Our Loan Specialists will help answer your questions and walk you through every step of the loan process.

View information on John Alberici, Mortgage Originator Near Me
John A. Alberici
Mortgage Loan Advisor- NMLS# 28194
Refinance Your Home
Roxana Hernandez
Mortgage Loan Advisor - NMLS# 1146300
Mike Omara
Mike O'Mara
Mortgage Loan Advisor - NMLS# 1928430

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Frequently Asked Questions

Is a fixed rate mortgage or an ARM the best product for me?

Fixed Rate mortgages are the best product if you plan on living in the home for the next fifteen to thirty years and want the same principal and interest payment.

ARMS are the best product to keep payments lower for the fixed term.  You can prepay at any time without penalty and shorten the term of your mortgage.  If you won't be living in this home more than 10 years you may want to consider an ARM.

How much will my interest rate go up with an ARM?

Interest rates can go up or down after the initial set term.  Your rate can never be higher than 2% over your last rate or last adjustment and can never be higher than 5% over your initial rate.

What are mortgage points?

Points can be purchased to lower the interest rate over the life of a mortgage. Points are based on the percentage of the amount borrowed. With a $100,000 mortgage, for example, 1 point is equal to 1% of $100,000, or $1,000. 

Can closing costs be financed?

Yes, we offer products that closing costs can be included in the loan.

How can I dispute an error with my Mortgage Statement?

To dispute an error with your Mortgage account or statement, please complete the Mortgage Error Resolution form. Once you complete the form please mail back to us at:

Citadel Credit Union
Attention: Mortgage Servicing
1209 West Chester Pike, Suite 201
West Chester, PA 19382

You may also scan the form and email it to:

Still have questions? Visit our help center.

Adjustable Rate Mortgage (ARM)

An Adjustable Rate Mortgage (ARM) means that your payment may change in the future. Citadel ARM mortgages have a fixed rate for a period of time, then rates can adjust semi-annually. The fixed rate period varies based on the ARM loan you select and is shown right in the name of the ARM loan. Citadel offers two ARM loans: a SOFR 7/6 ARM and SOFR 10/6 ARM. The ARM numbers, “7/6”, show how long the initial fixed rate lasts and how often the rate can change afterward.

For Example:

• A 7/6 ARM has a fixed interest rate until the 84th month (7 years) and can change every 6 months after.
• A 10/6 ARM has a fixed interest rate until the 120th month (10 years) and can change every 6 months after.

What is a SOFR ARM?

SOFR is Secured Overnight Financing Rate, and is a referenced rate established to replace LIBOR (London Interbank Offered Rate). The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.

How is my rate calculated?

The initial fixed interest rate is based on interest rate, loan amount, and total term of the loan when your loan is closed. This is the discounted rate and lasts for 7 or 10 years depending on the ARM loan selected.

The Adjustable Interest Rate is based on an interest rate index plus a margin. All of our Citadel ARM mortgage interest rates are based on the 30-Day Average SOFR rate, rounded to the nearest 0.125% (currently .08%). More information about this index is available at SOFR Averages and Index Data - FEDERAL RESERVE BANK of NEW YORK ( Our current margin is 2.750%.

How can my Interest Rate change?

Your interest rate can adjust when the initial fixed interest rate period ends, and every 6 months thereafter. Your interest rate will never increase or decrease more than 5 percentage points during the first adjustment, and 1% with each adjustment after the first, over the life of the loan.