Pentagon Federal Credit Union is offering 5.375% APR on their 5/1 Adjustable Rate Mortgages and 5/5 Adjustable Rate Mortgages. This rate is lower than any other comparable offer I know of on a 5/1 or 5/5 mortgage product. Those paying .375 in points will receive a .25 point reduction to their mortgage rate.

Field of membership in Pentagon Federal Credit Union is open to those who work at the Pentagon as well as those who are active or retired from the U.S. Army, U.S. Air Force, or Coast Guard. Membership is also extended to those who belong to certain select companies or organizations . Those who don’t otherwise qualify for membership in this credit union are eligible to join via membership in the National Military Family Association (NMFA). Membership in the NMFA is open to all.