Purchase and Refinance Programs

Fixed Rate Mortgage

  • Guaranteed rates through the life of your loan
  • Best if you: Want a guaranteed rates or are financing a second property
  • Terms: 10, 15, 20, or 30 years
  • Down Payment: As low as 3% with PMI

Adjustable Rate Mortgage (ARMS)

  • A lower initial interest rate that may vary after a fixed period
  • Best if you: Expect to own your home for a short period of time and want to take advantage of lower rates and payments
  • Terms: 30 years with the initial rate period of 5 years
  • Down Payment: As low as 3% with PMI

Pure Plus (ARM)

  • Purchase transactions only, no down payment and no PMI
  • Best if you: Are a first time home buyer and don’t have a down payment
  • Terms: 30 years with the initial rate period of 5 years
  • Down Payment: No down payment with no PMI
  • *Washington State only

VA

  • Guaranteed rates through the life of your loan
  • Best if you: Are a veteran and want to purchase or refinance your home
  • Terms: 15 or 30 years
  • Down Payment: No down payment or PMI required

FHA

  • Guaranteed rates through the life of your loan
  • Best if you: Have limited cash, minor credit problems or low to moderate income
  • Terms: 15 or 30 years
  • Down Payment: As low as 3.5% down with up front PMI