The right wholesale lender can make all the difference.
At Northwest, we've earned a reputation for delivering a high level of service — paired with attractive loan programs, quick turn times and competitive rates — that sets us apart.
Northwest Wholesale Lending offers a wide range of products, in-house underwriting and closing to brokers across our footprint. Our friendly and knowledgeable team will partner with you to take care of your borrowers, finding the mortgage option and rate that works best for them. With our borrower-centered approach, we make the loan process as easy and efficient as possible. And rest assured, we’ll keep you informed every step of the way.
As your trusted partner, we’re dedicated to building strong relationships and providing expert guidance to help you build your business and serve your customers. So, let us focus on the details, so you can focus on helping your clients. That's one way we're increasing the value of you.
Help them get the right loan for their home.
At Northwest, we understand that not everyone fits in the same box. That’s why we offer a variety of programs to meet borrowers needs.
Conventional
Perfect if your borrowers are looking to buy a single-family home, two to four-unit owner-occupied primary residence, second home or investment property.
The basics
- No income restrictions
- 620 minimum credit score
- Borrow up to $726,200
- Purchase or refinance
Down payments
- Down payment as little as 5%, based on credit score and other qualifying information.
- Secondary financing options available
Rate information
- Contact your account executive today for current rate information.
- Fixed or adjustable rates available.
Private mortgage insurance (PMI)
- Private mortgage insurance required with less than 20% down payment.
- Can be dropped when your loan balance is 80% of the original value of your home.
- Upfront or monthly mortgage insurance premiums available.
Home Possible®
In partnership with Freddie Mac, Northwest offers Home Possible® mortgages* - designed for borrowers with low to moderate incomes, offering low down payment options and flexible sources of income.
- Low down payment options – as low as 3%
- Income cannot exceed 80% of the area median income limits, based on property location
- Homeownership education is required for at least one qualifying borrower, if all borrowers are first-time homebuyers
- Purchase or refinance options
- 30 year, fixed-rate term
- No upfront funding fee
- Offers more competitive pricing with a credit-fee cap
- An alternative to government programs
- Reduced mortgage insurance premiums are available.
Jumbo
Thinking big? So are we. Let us handle the heavy lifting for luxury home loans.
The basics
- No income restrictions
- 700 minimum credit score
- Loan amounts $726,201 or greater
- Purchase or refinance
Rate information
- Fixed-rate or adjustable-rates available
- 15, 20 and 30 year fixed terms available
- Competitive interest rates—for more rate information, contact your account executive today
Fees and down payments
- Down payment as little as 10% based on credit score and other qualifying information
- Low loan fees
Private mortgage insurance (PMI)
- Private mortgage insurance required with less than 20% down payment
- Or, 15% down payment with a 750+ FICO, no MI (loan amounts up to $850,000)
- Can be dropped when loan balance is 80% of the original value of your home
- No upfront mortgage insurance premium
Northwest Plus
This program is tailored to borrowers who may not qualify for a conventional loan, but are otherwise creditworthy. Whether it’s a unique property, excessive acreage or challenges with documentation, our home loan experts are available to help.
The basics
- 640 minimum credit score
- Borrow up to $726,200
- Purchase and refinance options available
- Up to 85% LTV with no MI (FICO 700+)
Fees and down payments
- Our standard low fees, $895
- Down payment as little as 15%, based on credit score and other qualifying information
Rate information
- Fixed-rate and adjustable-rate mortgages available
- For more rate information, contact your account executive
Conventional
Perfect if your borrowers are looking to buy a single-family home, two to four-unit owner-occupied primary residence, second home or investment property.
The basics
- No income restrictions
- 620 minimum credit score
- Borrow up to $726,200
- Purchase or refinance
Down payments
- Down payment as little as 5%, based on credit score and other qualifying information.
- Secondary financing options available
Rate information
- Contact your account executive today for current rate information.
- Fixed or adjustable rates available.
Private mortgage insurance (PMI)
- Private mortgage insurance required with less than 20% down payment.
- Can be dropped when your loan balance is 80% of the original value of your home.
- Upfront or monthly mortgage insurance premiums available.
Home Possible®
In partnership with Freddie Mac, Northwest offers Home Possible® mortgages* - designed for borrowers with low to moderate incomes, offering low down payment options and flexible sources of income.
- Low down payment options – as low as 3%
- Income cannot exceed 80% of the area median income limits, based on property location
- Homeownership education is required for at least one qualifying borrower, if all borrowers are first-time homebuyers
- Purchase or refinance options
- 30 year, fixed-rate term
- No upfront funding fee
- Offers more competitive pricing with a credit-fee cap
- An alternative to government programs
- Reduced mortgage insurance premiums are available.
Jumbo
Thinking big? So are we. Let us handle the heavy lifting for luxury home loans.
The basics
- No income restrictions
- 700 minimum credit score
- Loan amounts $726,201 or greater
- Purchase or refinance
Rate information
- Fixed-rate or adjustable-rates available
- 15, 20 and 30 year fixed terms available
- Competitive interest rates—for more rate information, contact your account executive today
Fees and down payments
- Down payment as little as 10% based on credit score and other qualifying information
- Low loan fees
Private mortgage insurance (PMI)
- Private mortgage insurance required with less than 20% down payment
- Or, 15% down payment with a 750+ FICO, no MI (loan amounts up to $850,000)
- Can be dropped when loan balance is 80% of the original value of your home
- No upfront mortgage insurance premium
Northwest Plus
This program is tailored to borrowers who may not qualify for a conventional loan, but are otherwise creditworthy. Whether it’s a unique property, excessive acreage or challenges with documentation, our home loan experts are available to help.
The basics
- 640 minimum credit score
- Borrow up to $726,200
- Purchase and refinance options available
- Up to 85% LTV with no MI (FICO 700+)
Fees and down payments
- Our standard low fees, $895
- Down payment as little as 15%, based on credit score and other qualifying information
Rate information
- Fixed-rate and adjustable-rate mortgages available
- For more rate information, contact your account executive
