OneWest Bank is a regional bank based in Pasadena, California.  OneWest Bank has 72 retail bank branches in Southern California.  OneWest Bank is a Federal Savings Bank and is regulated by the Office of Thrift Supervision and the FDIC.

OneWest Bank provides numerous standard bank products including a range of checking account options, savings accounts, money market accounts and certificates of deposit as well as a plethora of mortgage programs. 

OneWest Bank loan products include fixed rate loans, adjustable rate loans and hybrid loans.  The bank’s fixed rate loans come with several rate and point options and allow the borrower to lock in the rate life of the loan.  The adjustable rate mortgage options also comes with several rate and point options as well as different terms for the introductory rate period on the loan.  These home loans may provide a borrower with one of the lowest rate in the market for a period up of up to a few years.

With the variety of mortgage rate and point options, it is easy to compare and contrast different home loan scenarios to find out which option better suits your needs.

Current mortgage rates and terms available from OneWest Bank include:

30 year fixed rate mortgage with a rate of 5.25% and .383 points and an APR of 5.424%

A 15 year fixed rate home loan has a mortgage rate of 4.625% with .535 points and an APR of 4.941%.

The 5/1 adjustable rate mortgage based on the LIBOR rate has a mortgage rate of 4.50% with .341 points and an APR of 3.771%.

Additional mortgage rates and point options available.  All home loans are subject to bank underwriting approval.  Rates and terms are subject to change without notice.  Additional conditions will apply.

Consumers interested in home loan information can use the bank’s online mortgage calculators to calculate how much they’ll pay for a mortgage by calculating the monthly mortgage payment or the total costs of the home loan.  Additional mortgage calculator resources can be found at

For more detailed information, prospective borrowers can call a OneWest Bank mortgage representative to get prequalified instantly and receive a prequalification letter for one of the home loan products the bank offers.

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