State Bank Northwest

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State Bank Northwest
W. 301 California Street
P.O. Box 68
Garfield , WA 99130
Phone: (509) 635-1361
Fax: (509) 635-1616
Toll Free: (888) 635-1361

Mission Statement

Our Mission at State Bank Northwest is to be the premier financial institution in The Inland Northwest. We will attract and retain great people committed to cultivating relationships spanning generations; resulting in prosperity for our clients, team members, shareholders and our communities.
State Bank Northwest- - "Full Service Banking on a First Name Basis"

History

State Bank Northwest is the new name for The State National Bank of Garfield, as a result of a change in our regulatory charter to a Washington State Chartered Commercial Bank. The Bank, originally founded in 1902 in Garfield, Washington, is a privately held financial services company headquartered in Spokane. The Bank offers business banking, consumer banking, agricultural banking, and residential and commercial mortgage services in its three locations in the Spokane Valley, North Spokane, and Garfield. We also have a Real Estate Lending Office in Downtown Spokane. With over $100 million in assets and 29 employees, State Bank Northwest continues to grow rapidly with its focus on relationship banking and excellent customer service.

Residential Real Estate Loans

State Bank Northwest has served hundreds of your neighbors here in Eastern Washington , many of them more than once. Why? Our people make the difference. There is a great deal of competition in the mortgage lending marketplace. It is nice to sit down face to face and discuss the many options that are available to you. Another reason is that our process is quick and uncomplicated. Couple that with a wide array of products and you have the recipe for a successful transaction.

What is my interest rate going to be? That is a fair question!

What rate you end up with is based upon four factors:

what your credit score is
how much down payment or equity you have
what sort of documentation you will provide to document your income and assets
what loan you select
There are some other questions to consider before selecting your loan:

How long do you see yourself in this loan and/or home? For most people the answer is less than 5 - 7 years. How about you? How long were you in your last home or loan?
Do you foresee any significant changes in you income or assets in the next few months or couple of years? Your answers could suggest that we look at other options. Piggy-back or tandem loans often should be considered in these situations.
What is your level of risk? Perhaps an ARM, 30 due in 7 or a hybrid loan would be right for you.
Should I pay "points" to buy the rate down? What is the breakeven point on paying points?
Does some of this sound like Greek to you? It won't when we finish our appointment.

Give us a call at (509) 755-1050. Our first visit will take about 30 to 45 minutes you will leave with answers to your questions and be prepared to make your decision.

The wrong loan at a low rate is still the wrong loan. We are committed to providing you with options and assisting you through the process of selecting the right loan at the right price.

©2009 State Bank Northwest