At Washington Financial Bank, we believe great rates make a difference. Whether you're looking for a loan to fund your next goal or searching for a deposit account that grows your savings, our competitive rates are here to help you succeed.
But that’s not all—we offer a variety of additional loan options tailored to your unique needs. Give us a call or stop by a branch today to explore the full range of solutions we have for you.
| Term | Minimum Loan Amount | Maximum Loan Amount | APRs as Low As | Estimated Monthly Payment |
|---|---|---|---|---|
| 60 Months | $10,000.00 | $99,999.99 | 7.806% | $196.79 |
| 60 Months | $100,000.00 | $250,000.00 | 6.720% | $1,962.02 |
| 60 Months | $250,000.001 | And Above | 6.532% | $4,890.40 |
Closed-end loan secured by residential property. Quoted annual percentage rates (APRs) noted above are available to well qualified borrowers for loan amounts ranging from $10,000 and up, for a one to four family, owner-occupied, residential property. Not for home purchase. Interest rates and APRs vary by term, credit score and loan amount. Maximum Loan to Value's (LTV) are as follows and are determined by combining all outstanding loan balances/maximum line of credit limits of the subject properties existing liens: Combined loan balances/maximum line of credit limits exceeding $1MM have a maximum LTV of 75%; and combined loan balances/maximum line of credit limits up to and including $1MM have a maximum LTV of less than 90%. All applications are subject to approval under Washington Financial Bank's underwriting guidelines and collateral requirements. The payment examples above are based on the minimum loan amounts for each category, payable monthly over the term of 60 months. Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater. No prepayment penalties. Rates, terms and fees are subject to change without notice. Additional product terms available.
| Loan Amount | APR as Low as | Estimated Monthly Payment |
|---|---|---|
| $10,000 and Above | 7.50% (Prime + 0%) | $1,125.00 |
Open-end Line of Credit secured by residential property. Quoted annual percentage rate (APR) and margin is available to well qualified borrowers for loan amounts ranging from $10,000 and up, for a one to four family, owner- occupied, residential property. Not for home purchase. Interest rates and APRs vary by credit score. Maximum Loan to Value's (LTV) are as follows and are determined by combining all outstanding loan balances/maximum line of credit limits of the subject properties existing liens: Combined loan balances/maximum line of credit limits exceeding $1MM have a maximum LTV of 75%; and combined loan balances/maximum line of credit limits up to and including $1MM have a maximum LTV of less than 90%. This is a variable rate loan and the APR is based on the Wall Street Journal Prime Rate (WSJ) + a margin. Maximum APR is 18%. Minimum monthly payment requirement is .50% of the principal balance drawn + interest, or $50.00, whichever is greater. Estimated payment is based on a fully drawn loan amount of $100,000 due monthly. The line of credit has a draw period of 10 years, followed by monthly payments until paid in full. If you payoff and terminate your line of credit within 36 months of the day you sign the agreement, you will pay an early termination fee of the lesser of 2% of the initial credit limit or $350.00. One-time origination fee of $250.00. No additional closing costs unless loan amount exceeds $500,000. For loan amounts exceeding $500,000, title insurance would be required. Cost of title insurance varies based on loan amount requested. Property insurance will be required if applicable. All applications are subject to approval under Washington Financial Bank’s underwriting guidelines and collateral requirements. Rates, terms and fees are subject to change without notice.
