Mortgages

Yes. Closing costs may include lender fees, title fees, escrow fees, taxes, insurance, and appraisal fee. We also offer lender credit promotions for qualified borrowers.

Yes. Our online application process makes it easy to apply securely from anywhere.

Yes. Depending on your situation, bridge or cross-collateral financing options may help you leverage equity from your current home.

Yes. We offer programs designed to help first-time buyers with low down payment options and flexible qualifying guidelines such as the Washington State Housing Finance Commission (WSHFC) down payment loan program.

Preapprovals allow you to understand how much home you can afford and shows sellers you are a serious buyer. It also gives you a head start on the home loan process so you can move quickly when you find the right home.

Many lenders take 45 days or longer. Our local underwriting and processing teams help us close loans quickly and efficiently with most loans closing in under 30 days.

Your affordability is based on a variety of factors, such as income, debts, credit score, down payment, and current interest rates.

Down payment requirements vary by loan program. Some programs allow as little as 0% to 3% down for qualified borrowers.

Closing timelines vary, but our goal is to help members close quickly so they can compete effectively in today's market. We strive to have our closing documents at escrow early to take away some of the stress of a home loan.

Credit unions often provide:

• Competitive rates
• Lower fees
• Personalized service
• Local decision-making
• Faster communication and processing

Typically, for a home loan application you will need:

• Recent pay stubs
• W-2s or tax returns for last two years
• Bank statements
• Purchase contract
• Information about debts and assets

Credit score requirements vary depending on the loan program. Higher scores may qualify for better interest rates, but we offer options for a wide range of credit profiles.