Sound Credit Union :: Home Loans

$500 Off First Mortgage Closing Costs!

Sound has the perfect first mortgage just waiting for you. Whichever program works best for you, we will be with you every step of the way helping to make the process as smooth as possible. Plus, we'll even give you $500 off your closing costs. The offer includes refinances too!

Check out our rates, then decide which loan program works best for you.

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We have lots of loan options:

Fixed Rate
Adjustable Rate
Owner or Non-Owner Occupied
Second or Vacation Homes

Plus, you'll save money with a home loan from us. Here's how:

$500 off closing costs
No application fee
Lower interest rates
Lower origination fees
Reduced processing time

Convinced? Why not get pre-approved and start shopping for your new home today. Set up an appointment to meet a Mortgage Loan Officer at your local branch by calling (253) 383-2016 or (800) 562-8130, or apply online through our Mortgage Service Center.

While you're there, check out the other great information, like loan programs & rates, information on property & appraisals, a glossary of terms and calculators.

You'll be in your new home in no time!

Refinance your first mortgage with Sound and get $500 off closing costs!

Refinancing your current first mortgage may help you reach your financial goals even faster! Did you know you could refinance your current mortgage and possibly lower your rate - saving you money over the length of the loan. Or, refinance and shorten the term of your mortgage allowing you to pay off your home sooner.

Maybe you'd like to cash out some of the equity in your home to pay off higher interest rate debt or use the equity toward home improvement and increase your home's value. You could benefit from refinancing your loan!

$500 off closing costs is a limited time offer and is subject to change at any time. FHA/VA loans are excluded. This promotional offer cannot be used toward down payment or with any other discounts. Standard underwriting guidelines apply. Must be a Sound Credit Union member to participate. Membership at Sound requires a savings account with a minimum balance of $25.

LAND LOANS

Where some people see vacant land, you see your dream home, or the perfect vacation getaway. Sound offers a loan that will help you see your dreams come true. Sound's land loan helps members buy land now for building a home in the near future.

Borrow up to $500,000 to secure zoned residential property in Washington State (up to ten acres)
Competitive, fixed rates that are amortized over 20 years
Borrow up to 75% of the value of the land
Enjoy seven years to pay off the loan

Land Loans	Term	Rate	APR *	Fee
Improved Land
75% Financing LTV	Max 7 Years, (amortized over 20 years)	7.99%	8.354%	1% Origination Fee
Unimproved Land
65% Financing LTV	Max 7 Years, (amortized over 20 years)	8.49%	8.859%	1% Origination fee

*APR = ANNUAL PERCENTAGE RATE. APR based on a loan amount $100,000 with 25% down payment on a "20 year amortization" with a "7 year balloon". Improved land must have public water or drilled well, public sewer or septic feasibility required, and power be provided at site boundary. Loan approval is based on your credit history and credit qualifications. We will finance up to 75% of the appraised value or purchase price. To calculate the Loan-to-Value (CLTV), take the land loan amount and then divide that by the value of the land. Property must be zoned residential and cannot exceed ten (10) acres. Maximum loan amount $500,000. Sound Credit Union must be in first lien position. 1% origination fee and other third party fees apply. Property must be located in Washington. Additional terms may apply; contact the Credit Union for more information.

Receive a Cash Rebate

When You Buy or Sell Your Home!

We've partnered with HomeSold, a cash rebate program that offers members 25% of your agent's actual commission every time you buy or sell a home.