
Adjustable-Rate Mortgages
Get more from your home and money
Lower Initial Payments
Keep cash on hand when you start out with lower payments.
Lower Initial Rate
Initial rates are typically below those of fixed-rate mortgages.
Interest Rate Ceilings
Limit your risk with protection from interest rate changes.
Qualify for an adjustable-rate home loan
Create an account in our online application platform. Here's what you'll need to apply for an adjustable-rate mortgage.
Vary rates for varying needs
Regular adjustments
After the initial period, your interest rates adjust at specific adjustment dates.
Choose your term
Choose from a variety of terms and rate adjustment schedules.
Buffer market swings
Interest rate ceilings protect you from large swings in interest rates.
Pay online
Make mortgage payments online with your First Citizens checking account.
Get assistance
If you're eligible for down payment assistance, you may be able to make a lower lump sum payment.