Unlock So Much More Than Your Front Door!

Whether you are just starting out, buying your dream home or downsizing, we have the perfect mortgage to meet your unique needs.
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Let's Find Your Home Loan

Have you served in the military?

Home Loans Designed Just For You!

Kitsap Credit Union has a home loan program to match your specific situation. Because we lend our own money, we have the flexibility to qualify your loan based on what makes sense for you.

Self-employed? No problem! We specialize in loans for self-employed members.

  • Specialty Loan Programs

    We have a wide array of specialty programs to fit your needs. Including, but not limited to, Jumbo Loans with only 5% down; 100% Conventional financing options, and our industry standout Pledge Loans. 
    Apply Now!
  • FHA / VA / USDA / Conventional Loans

    You can count on our Loan Experts to find the right loan to fit your needs; including low or no downpayment options.
    Apply Now!
  • Construction Loans

    If your dream is to build a home that's as unique as your needs, we can get your project started!
    Apply Now!

Questions?

Schedule Appointment Or give us a call (360) 662 2020


Home Loan Calculators

Home Loan Calculators
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Home Affordability Calculator

Learn How Much Home You Can Afford

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Mortgage Refinance Calculator

Learn When To Refinance Your Mortgage

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Calculators

Mortgage Calculator

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Introducing Kitsap Credit Union Home Rewards!

Earn up to $9,500 cash back when you buy or sell a home*

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Our Home Loan Choices

Conventional Loan

One of the most popular mortgage loans with a variety of available options.

  • Choose between fixed and adjustable rates.
  • Low closing costs.
  • Conforming and Jumbo loans available.
  • Mortgage insurance required when the loan-to-value (LTV) ratio is greater than 80%.
  • Low down payment options.
Apply Now


Federal Housing Administration (FHA) Loan

Even if you are just starting to build credit, or setting aside some funds for a down payment, a FHA loan is a great option. 


  • Choose between fixed and adjustable rates.
  • Low closing costs.
  • Max loan amount is based on the location of the property.
  • FHA mortgage insurance required for the life of the loan.
  • Low down payment options.
Apply Now


U.S. Department of Veterans Affairs (VA) Loan

Are you a veteran or a current service member? You could qualify for 100% financing through a VA loan.

  • Choose between fixed and adjustable rates.
  • Low closing costs.
  • Max loan amount is based on your eligibility and the location of the property.
  • Mortgage insurance is not required**.
Apply Now


USDA Loans

Loans through the U.S. Department of Agriculture are a great fit for some borrowers.

  • Choose between fixed and adjustable rates.
  • Low closing costs.
  • Eligibility subject to household income, and location of the property.
  • Mortgage insurance is not required***.
  • You may qualify for 100% financing.
Apply Now


Construction Loans

If you are ready to turn your dream home into reality, we can help with our special Construction Loans. 

  • Build a home that's as unique as your needs.
  • One-time closed loan program – no need to get requalified for a permanent home loan.
  • Loans structured to meet your unique needs.
Apply Now

Looking for a Home Equity Loan?

Accessing your home's equity can mean lower rates on your other bills, a remodel, paying for college or other life expenses. Get started today and begin your path toward financial freedom.


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Frequently Asked Question

  • At this time, Kitsap Credit Union does not have a notification system that could contact you when rates are updated.

    You can always visit our Mortgage Web Center for today’s rates, or stop by a local branch.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

  • Yes, you can select the insurance company of your choice provided that the coverage meets credit union guidelines. The credit union must always be listed in the mortgagee clause during the period of time the mortgage, home equity loans or home equity line of credit is open.

     

    Did you know we offer homeowners insurance through Travelers?

    Our members can enjoy special savings not just on home insurance, but also on auto, condo and renters insurance through Travelers Insurance. You can even get discounts by bundling your home and auto insurance.

    Learn more about Travelers Insurance and get a quote today!

     

  • It depends on the specifics of your loan transaction. Mortgage loans typically require reserves for taxes and insurance if the loan amount is greater than 80% of the value. Reserves are not required for loans in second lien position or HELOC’s. You’ll want to bring this question up before you close on a mortgage loan.

    Competitive rates with expert advice you can trust from your local neighborhood lender.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

  • Yes, homeowner’s insurance is required to be in place at the time the loan funds are disbursed and must continue during the term of the loan. The credit union must be listed as a mortgage lender.

     

    Did you know we offer homeowners insurance through Travelers?

    Our members can enjoy special savings not just on home insurance, but also on auto, condo and renters insurance through Travelers Insurance. You can even get discounts by bundling your home and auto insurance.

    Learn more about Travelers Insurance and get a quote today!

     

     

  • We offer FHA and USDA financing which can be a good option for those making their first home purchase.

    • FHA loans are excellent for first-time home buyers because, in addition to looser credit requirements, they allow low down payments.
    • USDA loans are also a good option if applicants meet income guidelines and the property is located in an eligible area.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

    Not a member yet?

    Applying is fast and easy! You will need the following information in order to complete the application:

    • Government issued ID/Driver's license/State ID or Passport with current address
    • Current physical and mailing address
    • Social Security Number
    • Date of Birth

    Click here to apply now!

     

    We offer FHA and USDA financing which can be a good option for those making their first home purchase.

    • FHA loans are excellent for first-time home buyers because, in addition to looser credit requirements, they allow low down payments.
    • USDA loans are also a good option if applicants meet income guidelines and the property is located in an eligible area.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

    Not a member yet?

    Applying is fast and easy! You will need the following information in order to complete the application:

    • Government issued ID/Driver's license/State ID or Passport with current address
    • Current physical and mailing address
    • Social Security Number
    • Date of Birth

    Click here to apply now!

     

  • Yes! Kitsap Credit Union offers VA and FHA loans and more for property located in the state of Washington.

    Apply now to take advantage of:

    • Today's low rates
    • Fast pre-approvals

    Ready to get started? View our current rates and apply now!

  • If you elect to escrow your property taxes, you will make monthly payments and the credit union will pay your taxes on your behalf.

    If you do not escrow the property taxes, then you are responsible for making the property tax payment when it comes due.

     

    Be a master of your finances with Financial Education!

    Not only are we here to lend you a hand with your purchases, but we're also here to help you achieve financial wellness and meet your money goals.

    Visit our Financial Education page today and start using our free curriculum and tools!

     

  • Every refinance will be different and once you submit an application you will receive a Loan Estimate form that will breakdown the costs for your situation but a good rule of thumb is about 2-3% of the loan amount you are borrowing.

    Kitsap Credit Union has the right experts to guide you through the process from start to finish.

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

  • Requests for subordination usually come from the mortgage company you are working with. You will need to provide them with a letter, signed by you, requesting the subordination. This will allow us to work directly with the mortgage company for the letter. The fax number to send the request to is 360-307-2100.

     

  • The specific amount of your closing costs will vary depending on your specific situation but costs generally fall into three categories: third party fees, taxes and other unavoidable costs, and lender fees.

    Third Party Fees include:

    • Appraisal fee
    • Credit report fee
    • Settlement / closing fee
    • Survey fee
    • Tax service fee
    • Title insurance fee
    • Flood certification fees
    • Courier / mailing / notary fees

    We collect any third-party fees and pass them on to the person who performed the service. For example, an appraiser is paid the appraisal fee, a credit bureau is paid the credit report fee, and a title company is paid the title insurance fees.

    Taxes and other unavoidable costs include:

    • State/Local Taxes and
    • Recording fees

    These fees will most likely have to be paid regardless of the lender you choose. If some lenders don't quote you fees that include taxes and other unavoidable fees, don't assume that you won't have to pay it. It probably means that the lender hasn't done the research necessary to provide accurate closing costs.

    Lender fees may include:

    • Points
    • Document preparation fees
    • Loan processing fees

    These fees are retained by the lender and are used to provide you with the lowest rates possible. This is the category of fees that you should compare very closely from lender to lender before making a decision.

    Apply now to take advantage of:

    • Today's low rates
    • Fast pre-approvals

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

  • A mortgage is a loan to finance the purchase of your home.

    Your home is collateral for the loan, which is also a legal contract you sign to promise that you'll pay the debt, with interest and other costs, typically over 15 to 30 years.

    If you don't pay the debt, the lender has the right to take back the property and sell it to cover the debt. To repay the debt, you make monthly installments or payments that typically include the principal, interest, taxes and insurance, together known as PITI.

    For a fun video about mortgages, watch this short video below!

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

    .

     

     

  • A mortgage note, sometimes called a real estate lien note, is a signed legal document that states the signer will repay the amount that has been loaned, plus any interest that accrues during a specified amount of time at a predetermined interest rate.

    When you take out a loan to purchase the home, you will need to sign the mortgage (deed of trust) as well as this promissory note. The promissory note contains the terms of loan repayment, while the deed is released to you upon completion of payment.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

  • An escrow account is established as a convenient way to manage property taxes and insurance for your home. Sometimes referred to as an "impound account", escrow accounts allow you to make one monthly payment, instead of paying individual bills when they are due.

    A portion of your monthly mortgage payment goes directly to your mortgage (principal and interest) and the remainder is allocated to your escrow account to cover property taxes and insurance. When the individual bills are due, your lender will pay them with funds from your escrow account.

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

  • It's always a good idea to get pre-approved before shopping for a new home. Getting pre-approved with a lender provides peace of mind that your credit and income meets the guidelines for the loan amount you have requested.

    It helps identify an appropriate budget for the value of the home you are shopping for. It also shows sellers you are a serious buyer in the negotiation process.

    Competitive rates with expert advice you can trust from your local neighborhood lender.

    Whether you 're a first time home buyer, looking to refinance, or want to take advantage of special VA, USDA, or FHA home loan programs, Kitsap Credit Union has the right experts to land you the home of your dreams and guide you through the process from start to finish.

    Apply now to take advantage of:

    • Today 's low rates
    • Fast pre-approvals

     

    Looking to apply for a mortgage?

    Take advantage of our low closing costs, and learn more about the different loan options we have available to you on our Mortgages page.

    Get a Rate Quote today and Apply Now to get pre-approved!

    If you have questions about an application, current mortgage or to speak with one of our dedicated professionals, call us at 877-817-0279 or email us at HomeLoans@kitsapcu.org.

     

Disclosures

* The Kitsap Credit Union Home Rewards is offered in partnership with HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with Kitsap Credit Union, and Kitsap Credit Union is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from Kitsap Credit Union is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender.

Qualifying for the reward requires using a real estate agent that participates in HomeStory's broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a referral fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.

HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. Kitsap Credit Union is not responsible for the reward. The reward is valid for 18 months from the date of enrollment. After 18 months, you must re-enroll to be eligible for a reward. Offer subject to change or cancellation without notice.

Kitsap Credit Union (Lender NMLS 445336) does not perform any activity that is or could be construed as unlicensed real estate activity, and Kitsap Credit Union is not licensed as a real estate broker. Agents of Kitsap Credit Union are not authorized to perform real estate activity.

Kitsap Credit Union loans subject to credit approval. Offer subject to change or cancellation without notice.

The trademarks, logos and names of other companies, products and services are the property of their respective owners.

VA Mortgage Loan Funding Fee

** VA loans: one-time funding fee, which will be a percentage of the loan's total value, in lieu of mortgage insurance.

USDA Mortgage Loan Annual Fee

*** USDA loans: annual fee included in monthly installments in lieu of mortgage insurance.

All loans subject to approval.