Home Loans

People’s Bank has mortgage loan programs to meet the needs of all Willamette Community Bank customers, from first-time home buyers to refinances and purchases.

Our experienced mortgage loan officers are here to help you find the perfect loan to fit your needs and to make your home ownership dream come true. Call us today at 541-494-4363 to be connected with one of our professional mortgage loan officers, or contact us to get more information.

Meet Our Team

Today's Mortgage Rates

30-Year Fixed Rate

  • 2.875%
    3.028% APR*
    $1,161.70 Monthly Payment
    (Principal & Interest Only)**

  •  Today’s Rates include a 1.125% discount points.  Closing Costs (includes the cost for required discount points) $5,454.82 Rates based on the following assumptions: loan amount $280,000, down payment of 20%. 

15-Year Fixed Rate

  • 2.500%
    2.615% APR*
    $1,867.01 Monthly Payment
    (Principal & Interest Only)**

  • Today’s Rates include a 0% discount points.  Closing Costs (includes the cost for required discount points) $2,261.67 Rates based on the following assumptions: loan amount $240,000, down payment of 20%.

VA 30-Year Fixed Rate

  • 2.750%
    2.991% APR*
    $1,169.37 Monthly Payment
    (Principal & Interest Only)**

  • Closing Costs (includes the cost for required discount points) $8,757.72 Rates based on the following assumptions: loan amount $286,440, primary use funding fee 2.3% of base loan amount, 100% financing with no down payment.

FHA 30-Year Fixed Rate:

  • 2.750%

    3.801% APR*
    $1,359.23 Monthly Payment
    (Principal, Interest Only & Mortgage Insurance)**

  • Closing Costs (includes the cost for required discount points) $7,294.98  Rates based on the following assumptions: loan amount $284,898, upfront Mortgage Insurance Premium 1.75% of base loan amount $279,999.  3.5% down payment required.

Rates Effective: 05/17/2021.  Actual rates may vary.
Rates, Term and Conditions are subject to change without notice.
All home loan products are managed and issued through People’s Bank of Commerce.
*Annual Percentage Rate. Rates based on the following assumptions: single family residence, purchase loan, mortgage rate lock period of 45 days and customer profile with excellent credit. Subject to credit and property approval. Other restrictions and conditions may apply.
**Payment Calculation Does NOT Include Taxes and Insurance.  The actual payment obligation will be greater.

Have questions? Ready to apply? Contact Us!

Let us help you secure a mortgage for your next home. For more information on our home loans fill out the contact form or call 541.494.4363 to connect with our professional mortgage loan officers at People’s Bank. You may also contact us by filling out the form below, and we will get back to you promptly.

Terry Gillett
Mortgage Sales Manager
503-785-9841
NMLS ID# 1979866
terry.gillett@peoplesbank.bank
pbochomelending@peoplesbank.bank

  • This field is for validation purposes and should be left unchanged.