Washington Mortgage Rates

July 6, 2015 06:14 PM Eastern

Refinance rates now in SEATTLE, WA [Change this]

?
Home Price (Purchase)
When you get a mortgage to purchase a home, the lender uses the lower of the agreed-upon purchase price or the property's appraised value to determine your maximum loan amount. The loan amount divided by the property home price equals your loan-to-value ratio, or LTV. That ratio is one of the major factors that lenders use to set your mortgage rate. If your LTV exceeds 80 percent, you'll probably be required to pay mortgage insurance, which increases your monthly payment. If the property appraises for less than the agreed-on purchase price, you are not usually required to complete the purchase.
?
Home Value (Refinance)
This is your estimate of the current value of your property. When you refinance, your home is almost always evaluated by a licensed appraiser. The refinance loan amount divided by the property's appraised value equals your loan-to-value ratio (LTV), and that number is one of the major factors that determine your mortgage rate. To get an accurate refinance rate quote, your home value estimate must be reasonably accurate.
?
Down Payment
The down payment is the amount you pay upfront when you finance property. Your purchase price minus your down payment equals your mortgage amount. The higher your down payment, the more likely you are to be approved for a home loan. If your down payment is less than 20 percent of the purchase price, you'll probably be required to pay for mortgage insurance, which increases your monthly payment.
?
Credit Score
Your credit score is a number designed to measure your credit-worthiness. It's based on a formula that combines many factors, including your payment history, amount of credit used and number of accounts. This number is used by lenders to calculate the probability that you'll default on your mortgage. Most lenders won't approve mortgages to applicants with credit scores lower than 620. Your credit score is one of the most important factors that determines your mortgage rate - applicants with higher scores are offered better mortgage rates.

FHA 30 Year Fixed Rates as low as

Interest Rate
3.250%
APR
4.241%
Monthly Payment
$1,005
National Bank of Kansas City
Interest Rate
3.250%
APR
4.241%
Monthly Payment
$1,005
(866) 547-2779 Contact
National Bank of Kansas City
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $871
Estimated Mortgage Insurance Payments $134
Total Monthly Mortgage Payment $1,005
Lender Fees $6,689
Lender Credit $0
Total Closing Fees* $6,689
*Other 3rd party fees may apply
National Bank of Kansas City
Email Lender

About the Lender

NMLS 409631

National Bank of Kansas City is a FDIC insured national bank and an approved Fannie Mae/Freddie Mac lender. We have been assisting homeowners finance their homes since 1988 and lending on the Internet since 1995. With hundreds of different mortgage and home equity programs, we are sure to have one to help you meet your financial goals.

National Bank of Kansas City offers the lowest possible rates on loans with ultra-low closing costs and never any "miscellaneous" hidden expenses. It's an old formula, but it works. We work on a high volume of mortgage loans with low overhead. By centralizing our operations and utilizing the latest technology, we can cut your costs significantly. Furthermore, as a direct lender, we approve and fund all our loans, thereby eliminating the broker or "middleman". As a result, you take advantage of great rates and service at a big cost savings.

National Bank of Kansas City
Email Lender Write a Review

Lender Reviews

Excellent customer Service

Yes, I recommend this lender

I worked with Donna and she was so knowledgeable and easily accessible for questions. I highly recommend this bank for mortgages, The rates were good the costs excellent and the customer service and accessibility were far superior to any other lenders I contacted.

By: JoAnn (Henderson NV)

Great Loan Experience

Yes, I recommend this lender

Allen Mische handled my loan request and made it the easiest mortgage loan experience I have every dealt with. I am glad I chose National Bank of Kansan City to handle my mortgage needs and highly recommend this bank to any Veteran looking to do a VA loan. I absolutely got the best rate and service anyone could expect.

By: JeffA (Jacksonville, FL)

Best VA lender out there

Yes, I recommend this lender

With only five weeks to close a deal, NBKC and Travis Smith made it happen with room to spare on a VA loan. Best rates out there.

By: Andy (Connecticut)
See All Reviews
Consumer Direct Mortgage, a division of FirstBank
Interest Rate
3.750%
APR
3.843%
Monthly Payment
$927
(855) 997-1825 Contact
Consumer Direct Mortgage, a division of FirstBank
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $927
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $927
Lender Fees $2,260
Lender Credit $0
Total Closing Fees* $2,260
*Other 3rd party fees may apply
Consumer Direct Mortgage, a division of FirstBank
Email Lender

About the Lender

At Consumer Direct Mortgage, we know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.You are our priority and we know that superior service, delivering what was offered, coupled with the lowest overall cost is the way to keep you as a customer for life. In a lending environment where everyone is offering the same core products and programs, we know that we have to separate ourselves with an unwavering commitment to services and delivering the lowest overall total cost to close every day. Our sales and operations team is comprised of veteran Mortgage Professionals that are committed to this philosophy and understand what it takes to get the job done on time and at the agreed upon terms and conditions presented.
Consumer Direct Mortgage, a division of FirstBank
Email Lender Write a Review

Lender Reviews

Highly recommend!

Yes, I recommend this lender

Incredibly attentive. An absolute joy to work with. Highly recommend!

By: hk4394 (Milton, FL)

Mikes Refinance

Yes, I recommend this lender

Had a great experience with Consumer Direct. It was a non painful refinance and a great rate. Pat and Jamie were a pleasure to work with and always responded to me in a timely manner, whether it be by email or phone. 2 thumbs up!!!!

By: Anonymous (Boynton Beach, FL)

Mikes Refinance

Yes, I recommend this lender

I had a great experience working with Consumer Direct. Very professional, caring and actually returned my calls right away when I had any questions or concerns about my loan. I would highly recommend this company. (and I got a great rate!!!!) Mike

By: Robinson (Boynton Beach, FL)
See All Reviews

15YearFixed Rates as low as

Interest Rate
2.750%
APR
3.039%
Monthly Payment
$1,357
Aimloan.com
Be the first to write a review.
NMLS: 2890
Interest Rate
2.750%
APR
3.039%
Monthly Payment
$1,357
(877) 711-0639 Contact
Aimloan.com
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $1,357
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $1,357
Lender Fees $4,478
Lender Credit $704
Total Closing Fees* $3,774
*Other 3rd party fees may apply
Aimloan.com
Email Lender

About the Lender

Internet Direct Lender Since 1998* Over $16 Billion Funded *Fannie Mae and Freddie Mac Approved * View Rates & GFE Online 24/4, Apply & Lock Rate Online 24/7.

One of only 7 Certified UpFront Lenders!
Consumer Direct Mortgage, a division of FirstBank
Interest Rate
2.875%
APR
3.019%
Monthly Payment
$1,370
(855) 997-1825 Contact
Consumer Direct Mortgage, a division of FirstBank
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $1,370
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $1,370
Lender Fees $2,000
Lender Credit $0
Total Closing Fees* $2,000
*Other 3rd party fees may apply
Consumer Direct Mortgage, a division of FirstBank
Email Lender

About the Lender

At Consumer Direct Mortgage, we know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.You are our priority and we know that superior service, delivering what was offered, coupled with the lowest overall cost is the way to keep you as a customer for life. In a lending environment where everyone is offering the same core products and programs, we know that we have to separate ourselves with an unwavering commitment to services and delivering the lowest overall total cost to close every day. Our sales and operations team is comprised of veteran Mortgage Professionals that are committed to this philosophy and understand what it takes to get the job done on time and at the agreed upon terms and conditions presented.
Consumer Direct Mortgage, a division of FirstBank
Email Lender Write a Review

Lender Reviews

Highly recommend!

Yes, I recommend this lender

Incredibly attentive. An absolute joy to work with. Highly recommend!

By: hk4394 (Milton, FL)

Mikes Refinance

Yes, I recommend this lender

Had a great experience with Consumer Direct. It was a non painful refinance and a great rate. Pat and Jamie were a pleasure to work with and always responded to me in a timely manner, whether it be by email or phone. 2 thumbs up!!!!

By: Anonymous (Boynton Beach, FL)

Mikes Refinance

Yes, I recommend this lender

I had a great experience working with Consumer Direct. Very professional, caring and actually returned my calls right away when I had any questions or concerns about my loan. I would highly recommend this company. (and I got a great rate!!!!) Mike

By: Robinson (Boynton Beach, FL)
See All Reviews

5YearARM Rates as low as

Interest Rate
2.125%
APR
2.955%
Monthly Payment
$752
Aimloan.com
Be the first to write a review.
NMLS: 2890
Interest Rate
2.125%
APR
2.955%
Monthly Payment
$752
(877) 711-0639 Contact
Aimloan.com
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $752
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $752
Lender Fees $6,478
Lender Credit $1,078
Total Closing Fees* $5,400
*Other 3rd party fees may apply
Aimloan.com
Email Lender

About the Lender

Internet Direct Lender Since 1998* Over $16 Billion Funded *Fannie Mae and Freddie Mac Approved * View Rates & GFE Online 24/4, Apply & Lock Rate Online 24/7.

One of only 7 Certified UpFront Lenders!
Consumer Direct Mortgage, a division of FirstBank
Interest Rate
2.625%
APR
3.027%
Monthly Payment
$804
(855) 997-1825 Contact
Consumer Direct Mortgage, a division of FirstBank
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $804
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $804
Lender Fees $2,754
Lender Credit $0
Total Closing Fees* $2,754
*Other 3rd party fees may apply
Consumer Direct Mortgage, a division of FirstBank
Email Lender

About the Lender

At Consumer Direct Mortgage, we know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all quality service and individual attention.You are our priority and we know that superior service, delivering what was offered, coupled with the lowest overall cost is the way to keep you as a customer for life. In a lending environment where everyone is offering the same core products and programs, we know that we have to separate ourselves with an unwavering commitment to services and delivering the lowest overall total cost to close every day. Our sales and operations team is comprised of veteran Mortgage Professionals that are committed to this philosophy and understand what it takes to get the job done on time and at the agreed upon terms and conditions presented.
Consumer Direct Mortgage, a division of FirstBank
Email Lender Write a Review

Lender Reviews

Highly recommend!

Yes, I recommend this lender

Incredibly attentive. An absolute joy to work with. Highly recommend!

By: hk4394 (Milton, FL)

Mikes Refinance

Yes, I recommend this lender

Had a great experience with Consumer Direct. It was a non painful refinance and a great rate. Pat and Jamie were a pleasure to work with and always responded to me in a timely manner, whether it be by email or phone. 2 thumbs up!!!!

By: Anonymous (Boynton Beach, FL)

Mikes Refinance

Yes, I recommend this lender

I had a great experience working with Consumer Direct. Very professional, caring and actually returned my calls right away when I had any questions or concerns about my loan. I would highly recommend this company. (and I got a great rate!!!!) Mike

By: Robinson (Boynton Beach, FL)
See All Reviews
Mortgage rate quotes displayed on LendingTree LoanExplorer℠, including loan pricing data, rates and fees, are provided by third party data providers including, but not limited to, Mortech®, a registered trademark of Zillow®, LoanXEngine, a product of Mortgage Builder Software, Inc., and LoanTek, Inc.

Mortgage Rate Trends

Monthly | Daily



WA Mortgage Rates and Loan Programs for Residents
Washington is the northern-most continental state on the West Coast, and offers its residents a unique mixture of natural wilderness and metropolitan centers. Many major technology companies are based in Seattle and Vancouver, making these two cities famous for their advancements in technological fields.

Families and individuals who wish to live in this diverse state can benefit from a variety of programs. With homebuyer education programs and special rates, the dream of owning a home in Washington can be achieved by almost anyone.

Getting a Home Loan with Current Washington Mortgage Rates
The first step in obtaining a loan at current WA mortgage interest rates is to attend a free homebuyer education class. This education program is offered through, and sponsored by, the Washington State Housing Finance Commission.

The seminars present important information for future homebuyers. The seminars are designed to inform potential homebuyers of the financial obligations involved in buying and owning a home, as well as the home loan application process.

Understanding WA Mortgage Interest Rates with a Loan Officer
After attending a homebuyer education seminar, you are ready to work with a loan officer to obtain a first time homebuyer loan. The loan officer can help you understand WA mortgage interest rates in order to decide whether buying a home is right for you. If you determine that you are ready to become a homeowner, this officer will then assist you in finding the right loan program for you.

Two Loan Programs with Rates Lower Than Current WA Mortgage Interest Rates
Two loan programs offer low interest rates for new home buyers; these rates are often lower than current Washington mortgage interest rates. The Express Loan and the House Key State Bond programs, both available through the Washington State Housing Finance Commission, can help first time buyers successfully get into a home.

The Express Loan offers financing for a home purchase and down payment assistance for qualified buyers. In order to use this program, certain requirements must be met by applicants:

• The first mortgage must be obtained through a qualified lender.
• You must be buying in a targeted area or be a first-time homebuyer.
• Your purchase must meet an acquisition cost limit.

The House Key State Bond has three levels of financing based on your income, the purchase price of your home and the area you want to live in. Unlike the Express loan, it does not include financing for a down payment, but most loans have 30-year, fixed rate terms. This program includes:

• conventional loans
• FHA mortgages
• Rural Housing Services (RHS) loans
• VA mortgages