New Website for Homeowners Seeking Relief

The Department of the Treasury and the Department of Housing and Urban Development launched a new Website for consumers seeking information about the Making Home Affordable loan modification and refinancing program. The site -- www.MakingHomeAffordable.gov -- offers interactive self-assessment tools to help borrowers determine if they are eligible to participate and calculate the monthly mortgage payments reductions under the program.

Information to Gather Before You Contact a Housing Counseling Agency

Home Loans

Helping our neighbors achieve the American dream of homeownership is a tradition for Heritage Bank. Our lending experience dates back to 1927 when we made our very first home loan for $1400. Although homes cost a bit more today we still custom build our home loans to fit your needs.

Buying a home is one of the most important decisions you'll make. Finding the right financing is an important step in getting you there. The key to obtaining the right financing is to find the best terms as well as the best people. Our Home Loan Experts know their business and can make the process easier for you.

At Heritage Bank, our Home Loan Experts are experienced professionals, and we process our loans in-house. That means approval and closings are done right here in our offices by people who know and care about you. We offer a wide variety of home loans designed to fit your home buying needs.

Applying for a loan at Heritage Bank is easy. The first step in starting the loan process is the completion of your loan application. To make the application process quicker, we've provided a checklist of the information.

Talk to one of our Home Loan Experts today and turn your dream into reality.

Financing Options

We offer home loans for every type of homebuyer. Our Home Loan Experts match the benefits of a specific loan type with your needs and goals. Here are some of the basic financing options with brief descriptions.

Fixed Rate Mortgage

With a fixed rate mortgage you will have the same interest rate for the life of your loan. And, you can choose from a wide variety of repayment terms.

First Time Home Buyers

This loan program is designed specifically for first time homebuyers with low or moderate income. The down payment requirements are lower than traditional home loans while still offering competitive interest rates.

Adjustable Rate Mortgage (ARM)

These mortgages feature interest rates that fluctuate with the market. Generally you obtain a lower initial rate than fixed rate mortgages. That rate can rise or fall with an interest rate index usually tied to Treasury Bills. ARM payments are adjusted annually.

FHA/VA

The Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) offer government-insured loans. These loans have features that make them easier for first-time homebuyers to obtain. They offer low down payments and flexible lending guidelines.

Refinancing

Refinance your current mortgage to obtain a lower interest rate or to tap into the equity of your home.

Custom Construction Loan

One-step financing that allows for both construction and permanent mortgage. Interest-only payments are required on the construction funds disbursed during the construction phase.

Home Equity Loans

A Home Equity Loan provides you with access to the equity in your home. Because a Home Equity Loan is secured by the equity in your home, your interest payment may be tax deductible. Please consult your tax advisor for specific information and eligibility.

Contact Us Today!

Click on Contact Us, complete form and E-mail your inquiry to us for processing. A loan officer will receive your inquiry and contact you in the method that you indicate in the E-mail. If you have any questions, please call us at 1-800-455-6126.

Our current lending program is available only to residents within the State of Washington.

Forms

Home Loan Application
Borrower's Certification Authorization
Servicing Disclosure Statement

Contact any of our Home Loan Experts at 1-800-455-6126.