Enjoying Capital Lake Park, downtown Olympia.

Home Loan Rates - Owner Occupied Purchases and Refinances

Type of Mortgage 

 

Interest Rate 

 

Annual Percentage Rate
(APR)

Loan Fee 

 

30 Year Fixed Rate

4.125%

4.260% 1%
20 Year Fixed Rate 4.000% 4.185% 1%
15 Year Fixed Rate 3.625% 3.858% 1%
1st Time Homebuyer (30yr) 4.000% 4.091% .50%
1st Time Homebuyer (20yr) 3.875% 4.000% .50%
Affordable Home Loan Program (30yr) 3.625% 3.699% $800

Jumbo Home Loans (30 Year Fixed)

 

Interest Rate 

 

Annual Percentage Rate
(APR)

Loan Fee 

 

$500,000.01-$800,000.00

70% max LTV

10% of loan amount in reserves after

transaction is complete

4.125%

4.247% 1%

$500,000.01-$650,000.00

90% max LTV

4 months reserves required

4.375% 4.500% 1%

$650,000.01-$800,000.00

75% max LTV

4 months reserves required

4.625% 4.748% 1%

 

Rates are automatically locked in at time of application. Plus, if our rates go down before closing, you get the lowest rate! Ask about our insured programs with only a 3% down payment.
Jumbo Loans are not available on Green Choice Lending programs. On loan amounts of $800,001 and above, contact a loan officer for rates and terms.
MORTGAGE PAYMENT CALCULATIONS   
Calculations based on $240,000.00 conventional loan with 20% down payment (purchase) or equity position (refinancing). Payment calculations are principal and interest only and do not include taxes or insurance which may increase your monthly payment.
15-year mortgage: Interest rate 3.625%,  Annual Percentage Rate (APR) 3.858, 180 monthly payments of $1,730.49 each, total interest paid $71,487.76
20-year mortgage: Interest rate 4.000%, Annual Percentage Rate (APR) 4.185, 240 monthly payments at $1,454.35 each, total interest paid $109,045.02
30-year mortgage: Interest rate 4.125%, Annual Percentage Rate (APR) 4.260, 360 monthly payments of $1,163.16 each, total interest paid $178,737.20
1st Time Homebuyer (30): Interest rate 4.000%, Annual Percentage Rate (APR) 4.091, 360 monthly payments of $1,145.80 each, total interest paid $172,485.63
1st  Time Homebuyer (20): Interest rate 3.875%, Annual Percentage Rate (APR) 4.000, 240 monthly payments of $1,438.59 each, total interest paid $105,262.94

Affordable Home Loan Program (30): Interest rate 3.625%, Annual Percentage Rate (APR) 3.699, 360 monthly payments of $1,094.52 each, total interest paid $154,029.26
JUMBO LOAN PAYMENT CALCULATIONS
Calculation examples based on loan amounts and required minimum down payments shown below. Payment calculations are principal and interest only and do not include taxes or insurance which may increase your monthly payment. 
$525,000 loan amount (70% max LTV, 10% liquid reserves):
Interest rate 4.125%, Annual Percentage Rate (APR) 4.247, 360 monthly payments of $2,544.41 each, total interest paid $390,988.38

$525,000 loan amount (90% max LTV, 4 months reserves):
Interest rate 4.375%, Annual Percentage Rate (APR) 4.500, 360 monthly payments of $2,621.25 each, total interest paid $418,648.05

$675,000 loan amount (75% max LTV, 4 months reserves):
Interest rate 4.625%, Annual Percentage Rate (APR) 4.748, 360 monthly payments of $3,470.44 each, total interest paid $574,359.76