Current Mortgage Interest Rates

Interest Only Loan Programs

^† Annual Percentage Rate (APR) The cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees. For home equity lines, the APR is just the interest rate.

¹ Assumes a purchase of an owner occupied single family residence with a loan amount of $320,000 based on a purchase price of $400,000 with a 20% down payment of $80,000. Borrower FICO score of 750 or higher. Subject to qualification. Interest rate applies to 30 year fixed purchase only program. Monthly payment based on a 30 year loan term amortized over 360 months. Contact your neighborhood loan officer for details on your loan scenario.

² Assumes a Custom Construction / Remodel of an owner occupied single family residence with a loan amount of $320,000 based on a finished value and cost to complete Custom Construction / Remodel of $400,000. Borrower FICO score of 750 or higher. Subject to qualification. Interest rate applies only to 30 year fixed Custom Construction / Remodel program. Monthly payment based on a 30 year loan term amortized over 360 months. Contact your neighborhood loan officer for details on your loan scenario. This product is not available in California.

³ Actual rates may vary. Assumes a no-cash out refinance of an owner occupied single family residence with a loan amount of $320,000 based on a property appraised value of $400,000 with 20% equity. Borrower FICO score of 750 or higher. Subject to qualification. Interest rate applies to a 30 year fixed rate refinance program. Cash-out Refinance options may be available with different rates and terms. Contact your neighborhood loan officer for details on your loan scenario.

⁴ Qualified borrowers must meet eligibility requirements including, but not limited to, being owner-occupants, meeting certain qualifying income limitations and purchasing a home within a certain geographical area. Maximum loan to value is 97% and maximum loan amount is $766,550. Minimum 3% down payment is required. Borrower(s) FICO score of 640 or higher. Subject to qualification and credit approval. Interest rate applies to a 30 year fixed purchase only program. Monthly payments based on a 30 year loan term amortized over 360 months.

⁵ Subject to credit approval. HELOAN assumes a $100,000 amount and that the (1) borrower has an existing WaFd Bank first mortgage, (2) that the subject property is owner occupied, (3) borrowers have FICOs of 750 or higher, (4) the combined loan to value is maximum of 60%. Monthly payment based on a 20 year loan term amortized over 240 months. Contact your neighborhood loan officer for details on your loan scenario.

⁶ Subject to credit approval. HELOC interest rate and fee assumes the line of credit is $100,000 and that the (1) borrower has an existing WaFd Bank first mortgage, (2) that the subject property is owner occupied, (3) borrowers have FICO scores of 750 or higher, (4) the combined loan to value is maximum of 60%, and (5) payments are made via EZ-Pay from a WaFd Bank checking account.