HomeStreet at a Glance
Based in Seattle, HomeStreet Bank is one of the largest community banks headquartered in Washington. HomeStreet began in 1921 as Continental Mortgage and Loan Company, initially offering financing for commercial real estate and home mortgages. HomeStreet evolved into a full-service bank in 1986, further expanding its products and services in 2000 to include business banking and lending. Today, HomeStreet offers consumer, commercial and private banking services, investment and insurance products and originates residential and commercial mortgages and construction loans for borrowers located in the Western United States and Hawaii. HomeStreet Bank is consistently recognized with an "Outstanding" rating under the Community Reinvestment Act.
Key facts and statistics
- 5.42 billion in assets (as of 3/31/2016)
- 2,264 full-time equivalent employees (as of 3/31/2016)
- 113 deposit branches and lending centers in the Western United States and Hawaii
HomeStreet in the Community
Community involvement has always been a high priority for HomeStreet. HomeStreet supports community organizations by creating active partnerships through providing leadership, hands-on service, expertise and financial support with a focus on housing and basic needs. HomeStreet also participates in innovative home loan programs that make subsidies and incentives available to low- and moderate-income homebuyers. In 2015, HomeStreet donated over $688,000 and nearly 14,000 volunteer hours to local non-profit organizations.
Consumer & Commercial Banking
HomeStreet’s retail banking offers a full slate of deposit products and services for consumers and businesses, including a complete suite of online and mobile banking capabilities. HomeStreet’s banking products for businesses include checking and deposit accounts, cash management services, term loans and lines of credit, and commercial real estate loans. HomeStreet also offers private banking services and investment services for businesses and consumers.
HomeStreet offers a full line of banking products for businesses, including checking and deposit accounts, cash management services, term loans and lines of credit, and commercial real estate loans
Commercial Real Estate Lending
HomeStreet Bank Commercial Real Estate offers competitive services and loans for permanent, construction, bridge, forward, renovation and refinancing of income property projects through a wide range of loan programs. HomeStreet is the only Fannie Mae DUS® multifamily lender headquartered in the Pacific Northwest.
HomeStreet is a leading mortgage lender with more than 95 years of expertise and a network of home loan centers in the Western United States and Hawaii. HomeStreet offers a broad range of purchase and refinance loan options including conventional, Federal Housing Administration (FHA), Veterans Administration (VA), renovation and refinancing, construction, condominium and first-time homebuyer loans as well as specialized portfolio loans.
Hometown Home Loan Program
HomeStreet Bank’s employer-assisted housing program, the Hometown Home Loan Program, was launched with the City of Seattle in 1994. The program provides discounted home loan services to employees of municipalities and private businesses, as well as a variety of down payment assistance programs for first-time homebuyers. HomeStreet partners with nearly 100 businesses and municipalities in Washington, Oregon and Hawaii.
WMS Series LLC
WMS Series LLC, a Delaware series limited liability company and an affiliate of HomeStreet Bank, provides mortgage services, as a direct lender, under the Windermere Home Loans or Penrith Home Loans brands at point of sale in 44 Windermere Real Estate offices in Washington and Oregon.
Residential Construction Lending
HomeStreet Bank provides financing for residential home builders and real estate developers.
HomeStreet Investment Services
HomeStreet Investment Services offers wealth-management products and services through Cetera Investment Services, Inc., an independent, registered broker/dealer and registered investment adviser (member SIPC/FINRA).
HomeStreet Insurance Agency
HomeStreet Insurance Agency has been in operation since 1928, providing personal and small business insurance products. Licensed in Washington, Oregon and Idaho, HomeStreet Insurance Agency is a full-service, independent agency representing a variety of providers.