Rates

Mortgage Rates, HELOC Rates, & More

Affordable financing for every stage of your homeownership journey

Home Equity Line of Credit (HELOC) Rates

Rates as of 06/01/2023

State	FICO Score	Maximum LTV^1,2	Note Rate³	APR (Variable)⁴
Variable Rate - AK	720-850 FICO	80%	9.500%	9.500%
Variable Rate - AK	680-719 FICO	80%	10.000%	10.000%
Variable Rate - AK	640-680 FICO	70%	10.500%	10.500%
Variable Rate - AZ, WA & CA	720-850 FICO	90%	10.500%	10.500%
Variable Rate - AZ, WA & CA	680-719 FICO	80%	10.000%	10.000%
Variable Rate - AZ, WA & CA	680-719 FICO	70%	9.500%	9.500%
Variable Rate - AZ, WA & CA	640-680 FICO	70%	10.500%	10.500%

Rates as of 06/01/2023

Type	Term	Maximum LTV¹	Note Rate³	APR⁴
Fixed Rate	1-60 Months	70%	8.875%	9.414%
Fixed rate	61-180 Months	70%	9.500%	9.718%

Rates as of 06/01/2023

Type	Term	Maximum LTV¹	Note Rate³	APR ⁴
Fixed Rate	1-60 Months	70%	6.625%	7.473%
Fixed Rate	61-180 Months	70%	7.500%	7.639%

Rates as of 06/01/2023

State	Term	Maximum LTV¹	Note Rate3	APR⁴
Fixed Rates - AK	1-60 Months	80%	7.470%	7.570%
Fixed Rates - AZ, WA	1-60 Months	80%	7.470%	7.570%
Fixed Rates - AK	61-240 Months	80%	7.750%	7.850%
Fixed Rates - AZ & WA	61-240 Months	80%	7.750%	7.850%

Rates as of 06/01/2023

State	Term	Maximum LTV¹	Note Rate³	APR⁴
Fixed Rate - AK	1-60 Months	80%	9.470%	9.570%
Fixed Rate - AZ & WA	1-60 Months	80%	9.470%	9.570%
Fixed Rate - AK	61-240 Months	80%	9.750%	9.850%
Fixed Rate - AZ & WA	61-240 Months	80%	9.750%	9.850%

Rates as of 06/01/2023

Type	Term	Maximum LTV¹	Note Rate³	APR⁴
Fixed Rate	1-60 Months	75%	8.875%	9.414%
Fixed Rate	61-180 Months	75%	9.500%	9.718%

Loan-to-value (LTV) is the ratio of all loans against a property to the purchase price or value of the property. For example - first lien + second lien / appraised value = LTV, or loan amount / purchase price of property = LTV.
Washington and Arizona: maximum 80% of appraised value, less the current balance of the underlying loan, subject to credit score limitations listed below:

Credit Score Max CLTV

640–679 70%

680+ 70%

680+ 75%

720+ 80%

Alaska: 70% of appraised value, less the current balance of the underlying loan.

Credit Score Max CLTV

640–679 70%

680+ 70%
Interest rate is dependent upon the credit qualifications of the borrower(s).
The annual percentage rate (APR) reflects not only the interest rate but also the fees you have to pay to get the loan. For that reason, the APR is usually higher than the interest rate on fixed rate transactions. Home Loan Payment Example (minimum 20-30% down payment required on purchase transactions):

A recreational property loan of $100,000 for 15 years at a 8.435% note rate (8.490% APR) will have a monthly payment of $980.94.