Mortgage Lending

Current WesternBank Mortgage Rates

WesternBank is here to help turn your real estate dreams into reality. WesternBank has a dedicated real estate lending staff with years of experience to provide sound advice and superior service on all your real estate financing needs.

Disclaimer: Rates and programs are subject to change at bank discretion without notice.

 

Mortgage Loan

Interest
Rate

APR1

Points

Payment2

15-Year Fixed Rate Mortgage

2.875%

3.112%

 0  $684.59

20-Year Fixed Rate Mortgage

3.625%  

3.813%

  0  $586.40

30-Year Fixed Rate Mortgage

3.750%

3.885%

 0  $463.12

Western Bank Construction Loan

Please see lender for current rates

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Rates are not guaranteed until you sign a locked interest rate agreement.  Rates are subject to change without prior notice.  Rates and terms vary depending upon credit approval.  Rates quoted are for single family, owner occupied, primary residence only.

Jumbo loans (loan amount greater than $417,000) and loans less than $100,000 may differ in rate.

1 Rates and Annual Percentage Rates (APR) assume a loan amount of $100,000 with a 20% down payment. A down payment of less than 20% would require private mortgage insurance (PMI), which would increase the APR.

2 Payment equals the monthly principal and interest payment for conventional loans.

Important Information
Rates Effective: 
APR = Annual Percentage Rate

 

 

Home Equity Loans & Home Equity Lines

Interest Rate

APR
Home Equity Loan
 8.00% 8.00%

Home Equity Line Of Credit**

 6.75% 6.75%

**Home Equity Line of Credit has a variable interest rate that can change monthly.  The minimum ANNUAL PERCENTAGE RATE that can apply is the floor, the maximum is 21%.  Closing fees generally range from $100 to $1,500.  The minimum ANNUAL PERCENTAGE RATE that can apply is 5%.

Important Information
Rates Effective: 
APR = Annual Percentage Rate