What You’ll Learn
- Find out how Salal’s specialized home loans for healthcare workers can help make homeownership more accessible with $1,000 off closing costs1, flexible mortgage options, and a free Homebuyer Planning Session.
People working in healthcare often have unique needs when it comes to buying a home. Founded by Group Health employees in 1948, Salal Credit Union has a long history of serving the healthcare community, and today Salal Home Lending offers specialized mortgage options created to help make homeownership easier for a wide range of workers across the field—from nurses, physicians, dentists, and optometrists to administrative and IT staff.
One of the best benefits is $1,000 off closing costs through Salal’s Workplace Banking program, available when you purchase or refinance a home. In addition, Salal Home Lending offers flexible mortgage options, lower rates and fewer fees than the industry average, a fast preapproval process, fast-track closings, and responsive service throughout your loan process.
Salal’s specialized home loans include both adjustable- and fixed-rate options, giving you more ways to choose a mortgage that fits your goals. If you’re looking for steady monthly payments and a rate that won’t change, a fixed-rate loan gives you that stability and makes budgeting easier. If you are looking for lower payments in the early years of your loan, consider an adjustable-rate mortgage (ARM). These mortgages start with a fixed interest rate for 5 to 10 years, providing lower initial rates and lower payments in the early years of your loan.
Other benefits include:
- Low down payment options.
- Personalized support from a dedicated Mortgage Advisor.
- Gifted funds can be used for down payment and closing costs.
- No monthly mortgage insurance required for nurses and doctors.
Set up a Free Homebuyer Planning Session
Thinking about buying a home? A free, no obligation Homebuyer Planning Session is a great place to start. You can learn what to expect, what you may be able to afford, how much money you might need to put down, and what your future mortgage payments could look like.
It’s an easy way to explore your options and get personalized guidance from a Salal Mortgage Advisor. Whether you’re buying your first home or your next one, our Home Lending team is here to help you make informed decisions and find a loan that fits your goals.
