You've worked hard for your home—now put it to work

Boy are things expensive these days. College, home repairs and updates—even just taking a well-deserved vacation can make your eye twinge at the thought of how to pay for it all. But wait a minute, maybe your home's equity can alleviate your worries!  And we can help make it happen. All loans subject to approval.

• Low rates
• NO Application Fees
• Quick turnaround times
• We'll waive the normal closing costs**

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Home Equity Line of Credit (HELOC)*

Put your home’s equity to work — when and how you need it. With our Home Equity Line of Credit (HELOC), you can access available funds on your terms. Your initial draw requires a minimum of $5,000, and any future advances can be as low as $1,000. It’s a flexible way to borrow — designed to support your goals, one project or purchase at a time.**

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Home Equity Loan

A home equity loan offers a one lump sum at the start of the loan. It is a great option if you would like a fixed interest rate and a predictable repayment schedule for the life of the loan. Available loan terms are up to 10 and 15 years. No application fee.**

Terms up to 180 months/15 years. $50,000 financed for 180 months at 7.75% results in a payment of $471.63 per month. Based on 80% max LTV; 20% down payment required. Does not include amounts for taxes and insurance premiums; actual payment obligation will be greater.

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*Variable rate loans are adjusted annually on November 1st. The new rate is the 6-month Treasury bill rate (auction high) (index) plus 2.50% (margin) for 80% LTV loans. The maximum interest rate is 16.00% the minimum interest rate is 4.00%. The maximum annual rate change - 2.00%.

**Closing costs are waived provided the loan is kept for a minimum of 3 years; loans paid off before then will have the closing costs added to the payoff amount. Maximum loan amount is $250,000.00; minimum loan amount is $5,000.00. Maximum loan to value (LTV) is 80%. This means 80% of the assessed or appraised value, less the balance of your first mortgage. Interest paid on Home Equity loans may be tax deductible. Please consult your tax advisor. Home must be an owner-occupied residence located in Washington State.