Fixed-Rate Mortgages
Lock in your consistent payment with a fixed-rate mortgage.
One of the biggest benefits of fixed-rate home loans is their consistency. With a fixed-rate mortgage from Salal Home Lending, you lock in a rate that stays steady over the life of your loan, giving you a view of your future monthly budget. You also get the peace of mind of knowing that your fixed interest rate loan won’t change with market conditions. And the shorter the term you can afford, the more you will save on interest because you’ll be paying down the principal faster on your loan.
Rates as low as
X.XX
%
APR*
Terms from
10-30 years
Home loans are available for properties located in CA, CO, ID, NV, OR, UT, and WA.
Rates and APRs are current as of 9:30 a.m. PT on March 8, 2024 and are indications only that are subject to change without notice.
Table scrolls right.
| MORTGAGE TERM | INTEREST RATE | POINTS | APR* | EXAMPLE PAYMENT¹ |
|---|---|---|---|---|
| 30-YEAR FIXED | 6.000% | -0.125 | 6.130% | $2,398 |
| 20-YEAR FIXED | 5.500% | -0.125 | 5.669% | $2,752 |
| 15-YEAR FIXED | 5.250% | 0.125 | 5.482% | $3,216 |
| 10-YEAR FIXED | 5.250% | 0.125 | 5.580% | $4,292 |
| 7/6mo SOFR ARM | 5.625% | 0 | 6.693% | $2,878 |
| 5/6mo SOFR ARM | 5.625% | 0 | 6.925% | $2,878 |
| Jumbo 7/6mo SOFR ARM | 5.625% | 0 | 6.661% | $5,757 |
| Jumbo 5/6mo SOFR ARM | 5.625% | 0 | 6.893% | $5,757 |
Rates posted here are for illustrative purposes only and are not intended to be a commitment. Your actual rate and/or points may be different, as many factors go into providing you with a mortgage loan. APRs assume the purchase of a Single-Family Primary Residence in King County, WA, a credit score of at least 750, with a Combined Loan-to-Value (LTV) of 80% or less. APR will be based on the final loan amount and applicable finance charges. Salal loans are subject to credit approval and other underwriting criteria, not all will qualify. Credit Union eligibility required. Home Loan programs, terms, and conditions are subject to change without notice. |
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