Here’s what you’ll need to open your account:

  1. Your Photo ID (Driver's License, State ID, Passport, Military ID or Alien Registration Card)
  2. Your Social Security Number

How would you like to open your account?

Video Banking     Online

Independence, security and comfort. We want that for all our members. Our adjustable-rate mortgages can help you make it possible.

Key Features

  • Competitive Rates
  • Quick, Local Decisions
  • Flexible Financing

Atlantic offers the following Adjustable-Rate Mortgages (ARMs):

  • 5/1 ARM
  • 7/1 ARM
  • 10/1 ARM

The first number denotes the length of the unchanging rate in years, and the second number is how often that rate is adjusted annually after the end of the first term. For example:

10 (years with the same rate) / (rate adjustment per year for the rest of the loan term) 

If you choose a 10/1 ARM with a 30-year term, your loan is constant for ten years. Then, for the remaining 20 years, your rate would change annually. These loans generally begin with a discounted offering rate at inception. 

Is an ARM right for me? 

Like most things in life – it depends!  

Life changes like marriage, divorce, children, career advancement, etc. can change the path people assume they will take and may require a change in living arrangements such as a sale of the home, a refinance for improvements, moving into a larger home, or downsizing. If you anticipate any changes within the next five, seven, or ten years, choosing the right ARM can provide you with a lower rate until it's time to move again. 

PROS CONS
Can get a lower interest rate than fixed-rate mortgages in today's market  Payments may increase when the term ends 
Can save money in the initial rate term  Not for potential rental properties
After the initial rate period, there is a cap to how much the rate can change   
For people who don’t want to live in the new home for long  

If you you need help figuring out what mortgage is best for you, contact us today.

Mortgage Web Center

Step-by-step guidance and helpful resources are available through our mortgage web center.

  • Carol Edens NMLS ID #: 500165
  • Erin Holmes NMLS ID #: 1859212
  • Gwen Godin NMLS ID # 1516569
  • Heather Lowe NMLS ID #: 1908553
  • Jocelyn Picard NMLS ID #: 518283
  • L Valerie Campbell NMLS ID #: 500162
  • Laurie Gaudreau NMLS ID #: 746916