Home Loan Programs


1st Security Bank Home Lending is dedicated to giving you the best customer service in the mortgage industry. With loan officers who have tremendous experience and success, backed by an incomparable support staff, we are able to find loans that fit your lifestyle, financial goals and budget.


We can help you choose from a full list of loan products, many of them unique to our bank. And we offer fast service. Loans are approved “in-house,” cutting the wait time substantially--loans are often closed loans within 30 days.



Conventional Loans - These loans are a good option for borrowers with higher credit scores and stable employment histories.  Interest rates are generally some of the lowest available and terms range from 10 to 30 years.   

FHA Loans - An FHA loan is partially insured by the Federal Housing Administration, and is a great option for borrowers with limited funds for a down payment or imperfect credit. 

VA Loans - VA loans are partially insured by the US Department of Veterans Affairs and are a valuable benefit for military veterans and active servicemen and servicewomen.  This program offers easier qualifying guidelines and low down payment options.

Jumbo Loans - Purchasing a home and want to finance up to $3,000,000 but want to keep your down payment to a minimum? We have a loan that may work for you.

  • 95% LTV up to $2,000,000 – 90% LTV up to $3,000,000

  • No Mortgage Insurance

Custom Construction and Major Rehab - All custom construction loans are underwritten and closed locally in Mountlake Terrace.

  • Loan-to-value up to 95% to $850,000 or 75% to $1,500,000

  • Primary and second homes are eligible

Asset Depletion - May be used for eligible loans as the sole source of income, or in addition to other income sources, when borrowers have significant liquid assets to supplement their income over a long term period.

  • Primary residence or second home

  • Purchase or rate/term refinance only

Bridge Loans and Standalone Bridge - An alternative to making a contingent offer or when buyers need time to sell their departure residence.

  • 9 month term

  • Current home does not need to be listed

  • Fixed rate and Interest-only payments

Amazon RSU Program and Day 1 - Ideal for the day-1 Amazon employee that is paid a salary, bonus and RSU’s. We have a simple calculator that considers their base, bonus average over 2 years and their RSU’s.

  • RSU two year history not required

  • Loan-to-value up to 95% to $850,000 or 75% to $1,500,000

$5,000 Sellers Guarantee - Your income, assets and credit are reviewed and preapproved by a 1st Security Bank underwriter with all conditions cleared for financing. If the transaction fails due to financing, 1st Security will pay the Seller $5,000.

Other 1st Security Bank Specialty Programs -

  • Non-warrantable Condominiums

  • Recent 1099 income

  • Delayed Occupancy

  • Physician Loans - Up to 97% loan-to-value to $850,000

Payment / Amortization Calculator

Calculate your monthly payment and see how the principal is paid over time.

Refinance Break-Even Point Calculator

Find out how long it will take to "break-even" on a refinance loan.

Debt Consolidation Calculator

Determine if you can consolidate your debt by combining it with your home mortgage

Rent vs Own Calculator

Calculate the difference between renting and buying a home.


Talk to one of our experienced  loan officers to to discuss the best loan option for your unique situation. We look forward to serving you, and adding you to our list of happy, “WOWED” customers.

Apply now for a better mortgage experience through 1st Security Bank