Young family discovering the joy of home ownership

Young family discovering the joy of home ownership.

Mortgage Loans - It All Starts With Unmatched Personal Service

Oly Fed Residential Home Loans - the Safe Local Source for 110 Years

There are lots of options available for home loans but Olympia Federal offers you a variety of benefits that make choosing us simple:

Easy Online Application Process

Our secure online mortgage application allows you to apply at your convenience. Answer a series of questions to complete your application today.

We Are Here To Help

Have questions? Our loan officers are here to help. Not only during the application process – but throughout the entire process. We are right here in the community, so you can talk to a real person and get real answers whenever you need them!

Rates Lock In At Application

If our rates go down prior to closing, you get the lowest rate!

Find The Loan Program That Fits Your Needs

We offer a variety of home loan programs. Find the one that is right for you. Considering building or retrofitting with energy efficiency in mind? Ask about our new "Green Choice" lending programs and make sure to check out the wealth of resources in our Mortgage Center.

View a home loan checklist before you meet with your loan officer


email Lindsey
Mortgage Center

30-Year Fixed Rate - The Traditional Option You Can Count On!

A Consistent Rate for the Long Term

  • Relatively low monthly payments make it one of the most affordable mortgages
  • Your payment stays the same throughout the life of the, no matter
    what happens to lending rates

View a home loan checklist before you meet with your loan officer


Loan Officer Debra Jackson
email Debra

15-Year Fixed Rate - Interest Saving Classic Pays off Faster

Own your home in half the time of a 30-year mortgage

  • Your principal reduces faster, letting you build equity quickly
  • Find fun new uses for the money that used to go towards your
    mortgage payments

View a home loan checklist before you meet with your loan officer


Mortgage Center


Construction Loans

Building your dream home is easier and more affordable with special advantages at Oly Fed:

Oly Fed makes it easy for you by rolling construction costs and permanent financing into one convenient package.

  • Close up-front on permanent financing
  • Interest rate locks in at application. If rates go down prior to closing,
    you get the lower rate
  • Pay only a single loan fee
  • Make 'interest only' payments during the construction phase, and
    only on funds as used
  • Pay no prepayment penalties


Loan Officer Jim Minder
email Jim
Mortgage Center


Commercial Real Estate Loans

We lend on retail and office complexes, mixed-use projects or apartment buildings, and industrial properties.

Here are a few examples of how we can help:

We have a customer that owns a commercial building that is occupied by their own real estate business. Having worked with Oly Fed over the years, they wanted to refinance their loan to benefit from our great rates and to keep it serviced locally with our extraordinary service.

Another loyal customer, looking at purchasing a piece of business property for future development, is thinking about putting a mini-storage and small office complex on the site. We're working on making his business plan come to life.

For information on specific Commercial Real Estate loan programs, contact our in-house specialist, Carrie Whisler, at the downtown branch. She is a community banker who has specialized in commercial real estate transactions, building business relationships, and helping entrepreneurs achieve success since 2002.


email Carrie

Green Choice - Two forward thinking loan products

Building, Buying or Retrofitting with Energy Efficiency in Mind?

Oly Fed Green Choice Lending Programs offer you two unique loan options.
The first loan option lends you up to 85% without private mortgage insurance while also providing you with a reduction in loan fees. Plus, this energy-efficiency loan provides the additional benefit of allowing the monthly energy cost savings to be deducted from principal, interest, taxes, and insurance payment, which allows you to qualify for a higher loan.

The second Green Choice loan is a retrofit program for homeowners
looking to upgrade or retrofit their home with more energy-efficient
components. We can lend up to 90 percent on this option with no private
mortgage insurance. Simply use all proceeds for upgrades done by a
licensed contractor, and your entire loan fee is waived!.

Oly Fed's Green Choice Lending: Thinking Forward

Read about the Green Program: Green Lending Article

View a home loan checklist before you meet with your loan officer


Loan Officer Barbara Whitlow
email Barbara
Mortgage Center

Home Equity Line of Credit - (H.E.L.O.C.)

Put your credit line to work for you for whatever you choose.

  • Competitive, variable interest rate
  • Flexible access to your money, with no minimum or maximum draw limits
  • 24/7 access to your funds via check, Oly Fed line, online banking, or in person at any branch.
  • Low repayment options
  • No loan fee, minimal closing costs
  • Interest may be tax deductable

View a home loan checklist before you meet with your loan officer


Loan Officer Jane Walker
email Jane
Mortgage Center

Home Equity Loan - (H.E.L.P.)

Put your assets to work for you!

  • Enjoy the things you want most, and save at tax time
  • Loan amount is based on the value of your home
  • Fixed and adjustable rates available

View a home loan checklist before you meet with your loan officer


Loan Officer Michelle Lord
email Michelle
Mortgage Center

More Loan Options - Turn ownership dreams into reality

Developed Lot Loans

Finance a land purchase for your future building site.

  • Borrow up to 80% of the price or appraised value (whichever is less)
  • Lots must be in platted subdivision with protective covenants

Manufactured Home Loans

Interested in purchasing a manufactured home? Ask us about the special loans available today!

Loan Officer Jennifer Jacobs
email Jennifer
Mortgage Center

Our Team - Local Knowledge Working For You

Casey Kilborn - Branch Manager, Yelm Highway


Casey's Bio Coming Soon!

NMLS# 51047

 email Casey


Lindsey Bamba - AVP & Branch Manager, Westside


Lindsey's Bio Coming Soon!

NMLS #1191629

 email Lindsey


Debra Jackson - AVP & Senior Loan Officer


Debra's Bio Coming Soon!

NMLS #628462

 email Debra


Michelle Lord - AVP & Senior Loan Officer, Downtown


Michelle's Bio Coming Soon!

NMLS# 628468

 email Michelle


Jane Walker - AVP & Branch Manager, Yelm 


Jane brought 24 years of banking experience when she joined us in November of 2012 as Branch Manager and Loan Officer at Tumwater. After providing interim support in the same role at our Yelm Highway branch, Jane was selected to manage our Yelm branch which opened in the Summer of 2015 .

NMLS# 633664

 email Jane


Benjamin Paylor - Branch Manager, Hawks Prairie


Ben's Bio Coming Soon!

NMLS# 1257977

 email Ben


Jennifer Jacobs - Branch Manager, Tumwater


Jennifer's Bio Coming Soon!

NMLS# 1213019

 email Jennifer


Jim Minder - Loan Officer, Belfair


Jim's Bio Coming Soon!

NMLS# 1210074

 email Jim


Leah Backus - Loan Officer, Downtown


Leah’s Bio Coming Soon!

NMLS# 1396606

 email Leah


Kristin Noonan - Loan Officer, Westside


Kristin’s Bio Coming Soon!

NMLS# 300364

 email Kristin