Consumer Loan Rates - Effective as of October 4, 2018

Home Equity1

Loan SolutionLTV APR Term Loan Amount  
1st DOT Owner Occupied (1)Up to 80%5.00% - 5.75 %Up to 180 months$50,000 - $300,000Apply Now
1st or 2nd DOT Owner Occupied (2)Up to 80%5.25% - 6.00%Up to 120 months$25,000 - $49,999Apply Now
1st or 2nd DOT Owner Occupied (3)Up to 80%5.25% - 6.00%Up to 180 months$50,000 - $300,000Apply Now
Call for Quote if loan amount is > $300,000 or the 1st and 2nd liens combined are > $424,100. 
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    APR = Annual Percentage Rate

    CLTV = Combined Loan to Value

     

    • Subject to Credit Approval.

    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.

    • Owner occupied detached Single Family Residential homes in the State of Washington only. Other collateral limitations may apply.

    • Typical loan payment examples are as follows: (1). $395.40 per month, based on 15 year, $50,000 loan at 5.00% APR. (2) $268.23 per month, based on 10 year, $25,000 loan at 5.25% APR. (3) $401.94 per month, based on 15 year, $50,000 loan at 5.25% APR.

    • Credit towards closing costs up to $500 with loans greater than or equal to $50,000.

    • Prepayment penalty of $500.00 for loans paid in full within the first 24 months

    • Property insurance required, flood insurance may be required if applicable.

    • You should consult a tax advisor regarding the deductibility of interest and charges for the Home Equity Loan.

Powerline Home Equity Line of Credit1

Loan SolutionLTV APR Term Loan Amount  
1st Deed of Trust - Owner Occupied (A)Up to 65% to 80%5.25% *120 Months$25,000 - $1,500,000**Apply Now
2nd Deed of Trust - Owner Occupied (B)Up to 75% - 80% CLTV5.50% *120 months$25,000 - $1,500,000Apply Now
1st Deed of Trust - Second Home (B)Up to 70% - 75% CLTV5.50% *120 Months$25,000 - $1,500,000Apply Now
2nd Deed of Trust - Second Home (C)Up to 70% - 75% CLTV5.75% - 6.00%120 Months$50,000 - $750,000Apply Now
1st Deed of Trust - Non Owner Occupied (D)Up to 65% to 75%6.25% *120 Months$25,000 - $750,000Apply Now
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    ** Call for a quote for line amounts $1,500,000 to $3,000,000; only available for owner occupied.

     

    * APR = Annual Percentage Rate

    CLTV = Combined Loan to Value

    • Subject to Credit Approval.
    • Variable rate based on the Wall Street Journal Prime Rate of 5.25% as of 9-27-18 plus a margin range of -0.25% to +1.25%.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Rates are subject to change depending on market conditions and may increase after consummation.
    • Estimated interest only loan payment examples are as follows: (A). $4.38per month, for each $1,000 advanced at 5.25% APR. (B) $4.58 per month, for each $1,000 advanced at 5.50% APR. (C) $4.79 per month, for each $1,000 advanced at 5.75% APR to $5.00 per month, for each $1,000 advanced at 6.00% APR. (D) $5.21 per month, for each $1,000 advanced at 6.25% APR. Interest only payments will result in a balloon payment due at maturity. (Maximum interest only payment $15.00 per month, for each $1,000 advanced at 18% APR.)
    • Rate to float monthly with a floor established at origination depending on the lien position, occupancy, loan amount and term; maximum of 18% APR. 
    • Detached Single Family 1 - 4 Residential homes in the State of Washington only. Other collateral limitations may apply.
    • Owner Occupied only - The Bank will pay all of the initial third party fees such as but not limited to appraisal, credit reports, recording fees, flood determinations, title and escrow fees. If this line of credit is terminated on or before the 36th month from the Credit Agreement date you will be required to repay all fees and charges initially paid by the Bank. Third party fees and charges generally total between $560.86 and $5,314.01 and the Bank will provide you with an itemization of these fees upon closing. You may terminate your Line of Credit by paying the balance in full and requesting us to reconvey the Deed of Trust that secures the Credit Lien. You may pay your Credit Line to a zero balance and not pay this fee if you intend to keep the credit line active.
    • Second Homes and Non Owner Occupied requests, the borrower is responsible to pay all associated third party fees and charges which generally total between $560.86 and $5,314.01.
    • Second Homes and Non Owner Occupied requests are subject to a prepayment penalty of $500.00 for loans paid within the first 24 months.
    • Property insurance required and flood insurance may be required if applicable.
    • You should consult a tax advisor regarding the deductibility of interest and charges for the Home Equity Line of Credit.

    Rate Special for Owner Occupied Only

    • 3.99% FIXED RATE for the first 6 months from the account opening when requirements are met.
    • The rate special requires a minimum advance of $25,000.00 at origination and must remain outstanding during the first 6-month period or the ANNUAL PERCENTAGE RATE will convert to the current index plus or minus a margin.
    • After the introductory period of six months, the ANNUAL PERCENTAGE RATE will convert to the current index plus or minus a margin.

    Fixed Rate Option Feature for Owner Occupied Only

    • Option to term out up to 3 different Fixed Rate portions at any time during the life of the draw period.
    • The principal becomes available again in the Home Equity Line of Credit as the balance is repaid on the Fixed Rate Option.
    • The minimum amount for a Fixed Rate Option is $5,000; the maximum is the outstanding balance.
    • The term-out period for a Fixed Rate Advance is 36 months to 120 months depending on the amount fixed.
    • The minimum monthly payment is $100.00 or the fully amortized payment whichever is greater.
    • A fee of $50.00 applies for each Fixed Rate Option.

    Contact your local branch for the rates available for the Fixed Rate Options.

Auto Loans1

Loan SolutionAPR Term Loan Amount  
New 2018 Vehicles4.24%72 months$15,000+Apply Now
New 2018 Vehicles3.99%36-60 monthsNo limitApply Now
New Green Vehicles3.74%72 months$15,000 +Apply Now
New Green Vehicles3.49%36-60 monthsNo limitApply Now
Used Green Vehicles 2015-20173.74%36 - 60 monthsNo limitApply Now
Used Vehicles 2015-20173.99%60 monthsNo limitApply Now
Used Vehicles 2012-20144.50%48 monthsNo limitApply Now
Used Vehicles 2011 and older on a case by case basis4.25%36 monthsNo limitApply Now
Used Vehicles 2011 and older on a case by case basis4.75%48 monthsNo limitApply Now
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    APR = Annual Percentage Yield

    • Subject to credit approval.
    • New auto loans available up to 100% of NADA or purchase price with credit scores over 700.
    • Used auto loans require a 10% or more down payment of NADA average retail value or purchase price, whichever is less. Credit scores over 700.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Kitsap Bank continues to promote financing options for energy efficient green vehicles at a reduction of .5% with an automatic charge from a Kitsap Bank account.
    • Vehicles listed under the EPA's SmartWay certification program qualify.  Cars and trucks awarded EPA's SmartWay certification emit less greenhouse gas (GHG) and smog-forming tailpipe emissions than other vehicles.  Find the lists at www.fueleconomy.gov/feg/SmartWay.do
    • Typical loan payment examples are as follows:
      • New Vehicle -$315.10 for 72 months, based on a $20,000 loan at 4.24% APR
      • Used Vehicle - $226.16 for 48 months, based on a $10,000 loan at 4.75% APR

Motorcycle, RV & Boat Loans1

Loan SolutionAPR Term Loan Amount  
2018 or Newer6.50%120 Months$50,001+Apply Now
2018 or Newer6.00%84 Months$15,001-$50,000Apply Now
2018 or Newer5.50%60 MonthsUp to $15,000Apply Now
20176.75%120 Months$50,001+Apply Now
2016-20146.50%84 Months$30,001-$50,000Apply Now
2013-2010 and older on case by case basis6.25%60 MonthsUp to $30,000Apply Now
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    APR = Annual Percentage Rate

    • Subject to credit approval.
    • Rate requires 20% or more down payment of average retail value or purchase price, whichever is less.
    • Motorcycle rates are not available for small and/or off-road motorcycles, all-terrain-vehicles (three wheelers, four wheelers, etc.), jet-skis, and snowmobiles.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Typical loan payment examples are as follows:
      • New Motorcycle/RV/Boat - $567.64 for 120 months, based on a $50,000 loan at 6.50% APR
      • Used Motorcycle/RV/Boat - $445.48 for 84 months, based on a $30,000 loan at 6.50% APR

Personal Loans1

Loan SolutionAPR Term Loan Amount  
Personal Unsecured13.14% to 13.69%Up to 36 Months2,000 - $20,000Apply Now
Cash Secured3.0% Over CD YieldCannot Exceed CD Term$2,000 +Apply Now
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    APR = Annual Percentage Yield

    • Subject to credit approval.
    • For unsecured loans, a $99.00 loan fee applies. 
    • Requests < $2,000 are handled through a Visa Credit Card program.
    • Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
    • Typical loan payment examples are as follows:
      • Personal Unsecured - $170.14 for 36 months, based on a $5,000 loan at 13.69% APR
      • Savings/CD Secured- $145.96 for 36 months, based on a $5,000 loan at 3.25% APR