Home LoansLet us help you get into the home of your dreams

Solutions for Every Situation

Woodlands Bank—NMLS #506857
It's an expensive world out there, let us help you make the big purchases that can't be made alone. We offer a wide selection of home loan solutions that can be tailored to fit your situation. Select a home loan option to learn more.

Fixed Rate

Mortgage Loan
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The Traditional Solution

Fixed-rate mortgages are the most traditional loans, and are a great choice if you plan to be in your home for a number of years. Your principal and interest payments won’t fluctuate and your interest rate is locked in for the duration of your loan.

Traditional Mortgage

Up to 97% Financing Available

Rate & Payment Stay the Same

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

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Notice
Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

Rates as low as 4.5% (4.5% APR), which is an actual rate available as of August 9, 2018. Rate is based on the following assumptions: • Conventional 30-Year Fixed which is a 30-year loan that has a fixed rate for the entire loan term of 30 years. The loan payments are due each month for 360 months. • $225,000 loan amount, 70% loan-to-value, 740 credit score, property in WA, lock period of 30 days, debt-to-income ratio of 30% or less, escrow account applied (meaning your tax and insurance costs are collected monthly with your mortgage payment).

Payment Example: $225,000 loan amount, interest rate of 4.5% (4.5% APR) fixed for 30 years, resulting principal and interest payment amount $1141. Payment does not include taxes, insurance, or HOA dues. Check these monthly costs on the home you own or will buy and add them to the above payment to determine your total housing payment.

Adjustable Rate

Mortgage Loan
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The Low Down Payment Solution

Our Adjustable-Rate Mortgage Loan option is fixed for an initial period (3, 5, 7 or 10 years) and then adjusts annually. This is a great option for properties that do not work with a traditional mortgage.

15, 20 & 30 Year Terms Available

As low as 3% Down Payment

Local Decisions & Underwriting

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Rates As Low As

APR Effective 2/10/2021
15 Year adjustable
25.846%
APR
30 Year Adjustable
25.893%
APR

Please contact your local Woodlands Bank office to discuss rates today.

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Notice
Rate is subject to change. Other terms and conditions may apply. The annual percentage rate (APR) will be based upon your credit qualifications, loan-to-value, and repayment terms. The initial payment on a 30 year $100,000 3/1 Adjustable Rate Loan at a rate of 6.99% and 80% loan-to-value (LTV) is $664.55 with 0.00 points due at closing. After the initial 3 years, the interest rate can change annually and is subject to an initial interest rate cap of 1.00%, and annual rate cap of 1.00% and a lifetime cap of 11.99%. Payment amount shown does not include taxes and insurance premiums. At the first adjustment, the interest rate cannot increase above 7.99% or decrease below 3.00% (the floor). If the interest rate reached the lifetime maximum cap of 11.99%, your payment would be $1,027.63. Actual payment amounts will vary annually after the third year based on the weekly average yield on United States Treasury securities adjusted to a constant maturity of one year (1 Year Treasury Index) plus our margin, rounded to the nearest 0.125% as made available by the Federal Reserve Board.

Construction-to-Permanent

Mortgage Loan
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Building Your Dream Home?

Our Construction-to-Perm Mortgage Loan will assist you in building the home of your dreams. With one closing, you will be set for the construction phase and then automatically convert to permanent financing when construction is complete. Fixed & adjustable rate options available. One closing, less hassle.

15, 20 & 30 Year Terms Available

6 or 9 Month Construction Phases Available

Local Decisions & Underwriting

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Apply Now

Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Rates As Low As

APR Effective 2/10/2021
15 Year Adjustable
25.937%
APR
30 Year adjustable
25.945%
APR

Please contact your local Woodlands Bank office to discuss rates today.

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Locations
 
 

Have Questions or Need Help? We are Here to Help

Consult Our Experts
Notice
Rate is subject to change. Other terms and conditions may apply. The annual percentage rate (APR) will be based upon your credit qualifications, loan-to-value, and repayment terms. The initial payment on a 30 year $100,000 3/1 Adjustable Rate Loan at a rate of 6.99% and 80% loan-to-value (LTV) is $664.55 with 0.00 points due at closing. After the initial 3 years, the interest rate can change annually and is subject to an initial interest rate cap of 1.00%, and annual rate cap of 1.00% and a lifetime cap of 11.99%. Payment amount shown does not include taxes and insurance premiums. At the first adjustment, the interest rate cannot increase above 7.99% or decrease below 3.00% (the floor). If the interest rate reached the lifetime maximum cap of 11.99%, your payment would be $1,027.63. Actual payment amounts will vary annually after the third year based on the weekly average yield on United States Treasury securities adjusted to a constant maturity of one year (1 Year Treasury Index) plus our margin, rounded to the nearest 0.125% as made available by the Federal Reserve Board.

HomeOneSM

Mortgage Loan
HomeOne Icon

Buying your First Home?

HomeOneSM mortgage is a low down payment (3%) option for first-time homebuyers, along with no cash-out refinance borrowers. This mortgage solution allows you to achieve the milestone of homeownership, regardless of your income levels or geographic location. Homebuyer education required for purchase transactions when all borrowers are first-time homebuyers.

3% Minimum Down

No Geographical or Income Restrictions

Single Family Homes Eligible

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

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Have Questions or Need Help? We are Here to Help

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Notice
Rate is subject to change. Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

Home Possible®

Mortgage Loan
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Low income? No Problem

Home Possible® mortgages offer low down payments (3 to 5%) for low-to- moderate income homebuyers or buyers in high-cost or underserved communities. Flexible sources of down payment and income flexibility make this product a good option for purchase or refinancing of your home. Homebuyer education required for purchase transactions when all borrowers are first-time homebuyers

Income Flexibility

3 - 5% Down Payment

Flexible Sources of Down Payment

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

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Notice
Rate is subject to change. Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

Have Questions or Need Help? We are Here to Help

Consult Our Experts

FHA

Mortgage Loan
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Government Insured Option

Our FHA Mortgage Loan will assist you in buying the home of your dreams. You work with Woodlands Bank lenders, while The Federal Housing Administration (FHA), part of HUD, insures the loan. Other features include: 100% gifting available from acceptable donor (relative or person w/ est. relationship).

Low Closing Cost

Only 3.5% down payment needed

Easy Credit Qualifying

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

Have Questions or Need Help? We are Here to Help

Consult Our Experts
Notice
Rate is subject to change. Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

VA

Mortgage Loan
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The solution for Veterans

Woodlands Bank is proud to offer VA Loans to local veterans. VA Home loan programs guarantee home loans for Active Duty Service members, Veterans, National Guard members, Reserve members and certain surviving spouses.

Government Insured

Up to 100% financing Available

Local Lenders

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

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Locations

Have Questions or Need Help? We are Here to Help

Consult Our Experts
Notice
Rate is subject to change. Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

USDA

Mortgage Loan
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Guaranteed Rural Housing

For borrowers living in a rural area that meet specific income requirements. Eligible borrowers may obtain up to 100% financing.

Guaranteed Rural Housing

Up to 100% financing Available

Local Lenders

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Enjoy a $600 credit towards closing costs when you pre-qualify and finance with us. More Info

Please Call or Visit Our Office for Current Rates

Contact Us
Locations

Have Questions or Need Help? We are Here to Help

Consult Our Experts
Notice
Rate is subject to change. Terms of repayment which reflects the amount, number and timing of payments over the term of the loan including any balloon payment. Payments do not include taxes and insurance.

Home Equity Loans & Lines

Loan Solutions

No Closing Costs

No Pre-Payment Penalty

Local Decisions & Underwriting

Use the equity in your home to finance other projects, goals, or unexpected bills. Select a Home Equity Loan or Line option from below to learn more or apply.
Home Equity Loan Icon

Home Equity Loan

Home Equity Line of Credit Icon

Home Equity Line of Credit

Home Equity Master Line of Credit

Home Equity Master Line of Credit

25 Year Draw Rate
Home Equity Master Line of Credit

Home Equity Master Line of Credit

6 Month Intro Rate

Utilize Your Home's Equity

Our Home Equity Loan provides access to your homes equity to use for home improvements, a new car, debt consolidation, or a vacation! Other benefits and features of a home equity loan include: No Prepayment penalty & Automatic payments available.

Rates As Low As

APR Effective 11/9/2022
3 Year Fixed
25.008%
APR

Have Questions or Need Help? We are Here to Help

Lending Resources
1Total estimated costs will vary based on individual loan, ranging $0-$550, with the only closing item being an appraisal; if needed.

Rate is fixed for the entire term of the loan. On a 3-year fixed rate loan, the loan payments would be due each month for 36 months. Rate stated is subject to the borrower meeting minimum credit score and loan-to-value (LTV) requirements.Total estimated costs will vary based on individual loan, ranging $0-$550, with the only closing item being an appraisal; if needed. Home owner insurance required. Flood insurance may be required. The annual percentage rate (APR) and monthly payment amount provided in the example, is calculated assuming a 20% down payment. Monthly payment amounts do not include amounts for taxes and insurance premiums, which will cause the actual monthly payment obligation to be greater if an escrow account is established. Fees and charges that are not finance charges will apply. Automatic payment from Woodlands Bank deposit account required for promotional rate, without automatic payment, rate would increase by 0.50%. $15,000 minimum new loan funds required for promotional rate, if new loan funds are less than $15,000, rate would increase by 0.50%. Monthly payment example: $15,000 loan amount, interest 6.00% (6.008% APR) fixed for 36 months, resulting principal and interest payment amount $456.40. Monthly Payment does not include taxes and insurance.

Home Equity Master Line of Credit

25 Year Draw Rate
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Use Your Home's Equity When You Need It, Have the Option to Lock In Your Rate

Our Home Equity Master Line of Credit (HEMLOC) provides the flexibility you need to access your money when you need it, with an option to lock a portion or all of your balance into a fixed rate and term when the time is right for you**. With a HEMLOC loan you will also enjoy these benefits and features, including: Check writing options, fixed and variable rate options in one single product, no pre-payment penalty.

Rates As Low As

APR Effective 7/27/2023
25 Year Draw
25.50%
APR

Have Questions or Need Help? We are Here to Help

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Home Equity Master Line of Credit

6 Month Introductory Rate
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Rates As Low As

APR Effective 7/27/2023
6 Month Intro Rate
25.24%
APR
After Intro
25.50%
APR

Have Questions or Need Help? We are Here to Help

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1Total estimated costs will vary based on individual loan, ranging $0-$550, with the only closing item being an appraisal; if needed.

Additional Terms for Home Equity Master Lines of credit
Rates may change at any time prior to locking in a fixed rate. Other terms and conditions may apply. The annual percentage rate and maximum loan amount will be based upon your credit qualifications, loan-to-value ratio, and repayment term. The variable APR may adjust daily based on Wall Street Prime. Maximum APR 15.00%. Total estimated costs will vary based on individual loan, ranging $0-$550, with the only closing item being an appraisal, if needed. $15,000.00 minimum new loan funds required. Homeowner's insurance required. Flood insurance may be required. Automatic payment from Woodlands Bank deposit account required for promotional rate, without automatic payment rate would increase by 0.25%. An early termination fee of $200.00 will be charged if line of credit is closed within the first 36 months of opening. A balloon payment will result if there is a balance remaining at maturity and only the minimum monthly payments are made. At maturity the borrower will be required to repay the entire outstanding loan account balance in a single payment or may choose to refinance the line of credit.

** Lock-In Fixed Rate Term Option: Once locked, rate is fixed for the entire agreed upon term of the locked-in portion of the loan. The APR that applies to the locked-in balance shall be Home Equity Master Line of Credit locked rate established at the time of the conversion. Lock Number and Fees: The maximum number of locks during a draw period of the Home Equity Master Line of Credit is three (3). Only one (1) lock can be extended during the first 12 months. The customer must provide a written request to lock in a term and rate, in order for the bank to confirm and track the lock. The first lock is free. Each subsequent lock (with a maximum of two (2) additional locks) will incur a fee of $100 per lock. Wall Street Prime is currently 8.50%. Equal Housing Lender. Member FDIC.

Bridge

Mortgage Loan
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Interest only payments

No Closing Costs

Fixed Rate

Utilize Your Old Home to Help Finance Your New Home

Our Bridge Loan option will allow you to use equity from your existing home for the down payment and closing costs on your new home. Bridge loans have a maximum term of 12 months & automatic payments are available.

Please Call or Visit Our Office for Current Rates

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Home Equity Line of Credit

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Use Your Home's Equity When You Need It

Our Home Equity Line of Credit (LOC) provides the flexibility you need to access your money when you need it. Other benefits and features of a Home Equity Line of Credit include: Check writing options, no pre-payment penalty, 1% of outstanding balance or $100 minimum payment; whichever is greater.

LOC for use up to 10 years

No Closing Costs

$5,000 Minimum to open a LOC

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Get Started

Rates As Low As

APR Effective 11/18/2019
10 Year Draw
25.00%
APR
 
 

Have Questions or Need Help? We are Here to Help

Lending Resources
Consult Our Experts
Notice
Rates may change at any time. Other terms and conditions may apply. The annual percentage rate and maximum loan amount will be based upon your credit qualifications, loan-to-value ratio, and repayment term. The variable APR may adjust daily based on Wall Street Prime, plus or minus a margin. Maximum APR 15.00%. Total estimated costs will vary based on individual loan, ranging $0-$450, with the only closing item being an appraisal; if needed. Home owner insurance required. Flood insurance may be required. A balloon payment will result if there is a balance remaining at maturity and only the minimum monthly payments are made. At maturity the borrower will be required to repay the entire outstanding loan account balance in a single payment or may choose to refinance the line of credit.