A variable line of credit with fixed-rate segments in one flexible package.


Custom Fit Home Equity really is one of a kind.

With home equity products, you usually have to choose between a variable line of credit or a fixed-rate loan. Our Custom Fit Home Equity is different. It gives you the option to lock in up to 5 different fixed-rate portions within your variable rate line of credit, at any time.

When an expense arises, you choose how you want to receive your money. Simply draw the money you need from your line of credit, or have us set up a fixed-rate segment for you at no cost. You can have multiple fixed-rate segments active at the same time to help you pay for things like:

  • College tuition
  • Car purchases
  • Debt consolidation
  • Home improvement projects
  • Travel
  • Emergencies

There’s no need to apply for a new loan when something comes up. With Custom Fit Home Equity, you’re already approved!


Easy payments and anytime access to your funds

No matter the number of fixed-rate segments you have at any given time, Salal will provide you with one monthly payment amount. You also have the option to make interest-only payments to your line of credit during the draw period. (Check with your tax adviser about potential tax advantages.)

You can access your variable rate line of credit when you need it using a Salal Visa card and convenience checks, and manage your Custom Fit account through Online Banking.


Start your application today

With no fee to apply, no origination fee, no prepayment penalty, and no annual fee, there’s no excuse not to get started today. Apply in person at any branch, by calling 206.298.9394, or with our online application:



Custom Fit Home Equity


*Actual APR will be based on creditworthiness, loan-to-value (LTV), and the owner occupancy status of the subject property. Maximum rate is 18%.

**Index=Wall Street Journal Prime Rate.

***10-Yr Nominal CMT

Maximum LTV available based on approved credit and valuation of the property. Homeowners insurance required. Residential real estate only. Subject property must be located in Washington state and vested in borrower's name. To open your account, you must pay certain fees to third parties such as appraisers, credit reporting firms, and government agencies. These fees generally total between $0.00 and $700.00.
4.99% - 7.24%**No minimum draw amount. Revolving line of credit with 10-year draw period
15-year amortization after end of draw period.
4.02% - 8.02%***$5,000 minimum draw amount. 5, 10, and 15-yr terms available. Fully amortized principal and interest payments.

Rates are current as of October 23rd, 2017