Alliance Credit Union wants to help make purchasing your home as painless as possible. From the beginning of your application to closing your loan, the Credit Union will be there for you. Contact our Mortgage Department at 806.776.0991 for rate and application information and for assistance with any questions you may have.
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A home loan with an interest rate that remains the same for the entire term of the loan. Adjustable-rate mortgage (ARM) Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London Interbank Offered Rate (LIBOR).
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