Real Estate Loans Servicing Washington, Oregon, Alaska and Idaho

Land Loans

as low as

6.00 % APR*

Home Equity Loans

as low as

5.74 % APR*

FastTrack Home Loan

as low as

5.24 % APR*

Mortgage Loan Advisors are available Monday-Friday 8:00am to 6:00pm

  • A stress-free application – you can relax knowing we will walk you through each step of the mortgage1 process.
  • Purchase a home, or refinance your existing mortgage – programs available from ZERO% DOWN!
  • Get your current mortgage payoff on the Fast Track! 2
  • Have confidence knowing you are getting a good deal from people you can trust.
  • Review loan options, sign up for Rate Watch, review disclosures (requires log-in) or APPLY in our Home Loan Center (does not apply to the Fast Track Loan – see below.)

Per the Secure and Fair Enforcement (SAFE) Act, Nationwide Mortgage Licensing System (NMLS) registration information is available by request.

Mortgage - Purchase or Refinance

Thinking about buying a new home or refinancing your current mortgage?

The best way to find out which mortgage option we offer is best for you is to call our Real Estate Lending department and they will be with you every step of the way. Moving your existing mortgage loan to Qualstar is a simple process – and we may even be able to reduce your payment! 1

Apply Online Now!

FastTrack Home Loan

Looking to get your mortgage payoff on the Fast Track?

When your long term goals include paying off your home sooner rather than later, our Fast Track loan delivers. If your current mortgage loan balance is below $250,000, this could be your opportunity to refinance at a lower rate and a shorter term (7, 10, 12, & 15 years available) with NO CLOSING COSTS! Apply Now to put your mortgage payoff on the Fast Track.2

Apply Online Now!

  • Mortgage Loan Disclosures

    1 Rate received is subject to credit approval; Mortgage loan insurance may be required. Payment Example: Mortgage Loan amount of $225,000 at 4.000% for 30 year term has an estimated Principal & Interest payment of $1,074.18.

    2 Approved rate and term are based on applicant’s credit history and Qualstar’s lending guidelines. Loan amounts up to $250,000; maximum 70% LTV. A full appraisal may be required; in such cases the appraisal fee is charged and collected up-front from the member. No escrow account required. Applies to both owner occupied and non-owner occupied properties in Washington, Oregon and Alaska. No set-up fees are charged to the member at funding. The set-up costs paid by the credit union, which range from $200 to $500 depending on the transaction, will be reimbursed by the member if the loan is paid off and closed within 3 years of opening. Flood/Hazard certificate and property insurance required. Member is responsible for property tax & insurance payments. Payment Example: FastTrack Loan amount of $75,000 at 4.375% for 120 month term has an estimated Principal & Interest payment of $772.95.

     
     

Home Equity Loans

  • Choose an equity loan based on the convenience & features you prefer
  • Always a competitive rate with NO set-up costs!
  • Non-owner occupied options available Possible tax deduction (consult your tax advisor)

Imagine the possibilities
Looking for an affordable and convenient way to get those needed home improvements done, consolidate your high-rate credit cards, or what about that dream vacation you’ve been thinking about? Qualstar offers two home equity loans to help whatever dreams you have come true!

Advantage Equity1
An Advantage Equity loan is for our members who want a fixed-rate equity loan without the line of credit option. Receive a lump sum distribution – when you want all the funds at once! The minimum loan amount is $10,000 with a maximum of $400,000.1 Or, if you own a rental property, we also offer a non-owner occupied version of this loan with loan amounts ranging from $10,000 to $300,000.

Option Equity

An Option Equity loan works the same as traditional line of credit loans, however it also gives you the option of making the minimum interest only payment or interest with principal payment. With this choice, your payments are lower when they need to be, and you can pay on the principal balance when you have the extra cash. Available in Washington, Oregon, Idaho and Alaska only.

Own a rental? Take advantage of our non-owner occupied loan option. A variable rate loan with access of up to 80% of the equity in your home, and if your first mortgage is at Qualstar, you can access up to 85% (LTV is also based on credit approval.) This is an Interest only payment option loan amounts ranging from $5000 to $400,000.

Enjoy the convenience of accessing your line of credit:

1 Advantage Equity payment Example: Loan amount of $50,000 at 6.74% for 180 month term has an estimated Principal & Interest payment of $441.69.

Apply Online Today!

Land Loans

 

Do you have a vision of what you want your home to look like, but need the land to build it on? Qualstar offers two (2) types of land loans to help make your dream home come true.

Raw Land
This type of land can be used for leisure and recreational purposes – such as RV, camping and other outdoor activities. No structures built on the property such as a mobile home or cabin to reside in. A shed, barn or garage without living quarters may be okay, however they won’t be considered in the valuation process and they cannot be in hazardous condition. Some utilities may be present.

Vacant Lot
A Vacant Lot is land that is ready to build on. Required existing features are, onsite utilities like water, electricity and sewer/septic, these utilities must be in place on the property at the time of the loan. No structures built on the property such as a mobile home or cabin to reside in. A shed, barn or garage without living quarters may be okay, however they won’t be considered in the valuation process and they cannot be in hazardous condition.

Other terms and requirements for Land Loans1 include:

  • Existing or qualified members of Qualstar can apply
  • Land loans available in WA, OR and ID
  • Maximum 20 acres
  • Residential zoning only (no farmland, agricultural, commercial, timberland)
  • 5, 10, and 15 year terms*
  • Purchase or Refinance
  • Maximum 80% LTV on vacant lots
  • Maximum 75% LTV on raw land
  • Full Appraisal Required on all transactions
  • 1% Funding Fee

How to Apply for a Land Loan:

For existing Qualstar members, please call us at 1-800-848-0018 to start your application.

If you’re not a Qualstar member, please confirm your eligibility to open an account – if eligible, call us at the number above to start your application.

1Loan amount, term and final approval based on applicant’s credit history and Qualstar’s lending guidelines.