Instant Mortgage Rate Quote

Live mortgage rates and costs in seconds! – No email, Social Security Number or Personal Information is required. Serving home buyers in WA, OR, ID, CO and CA.

Your Best Rates Here

$ 3,407
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
5.500%
5.748%
2.358
$0
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$ 3,549
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
5.875%
6.001%
1.011
$0
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$ 3,646
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
6.125%
6.168%
0.101
$0
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Connect with a Mortgage Advisor Today!

Whether you’re buying a home or ready to refinance, our professionals can help.

Live Mortgage Rate Quote Tool – Live Rates 24/7 

Over 15 years ago we decided to be one of the first mortgage companies to allow our clients to get rates and costs online with our online rate quote tool. This transparency has helped us build trust with our clients and empowered them to take control of the mortgage process and with guidance from our highly experienced Mortgage Advisors make informed decisions on what loan structure works best for their specific situation.

Rates Depend on Multiple Factors

Sammamish Mortgage makes use of an innovative software platform that provides you with an instant rate quote. The system does this by comparing multiple lenders and investors from across the US, providing real-time results. All you need to do to get your rate quote is to input a few pieces of information, and within seconds, you’ll receive an accurate breakdown of the interest rates and costs available for you. You won’t have to supply any personal information to obtain this data, either. The mortgage experts at Sammamish Mortgage always work to ensure that the best interests of our clients are always met.

Loan Purpose

The term “loan purpose” is used in the mortgage industry in the US to describe the reason why an applicant is looking to apply for a loan. The lender will use the purpose of the loan to make decisions on the risk level of the borrower. The loan purpose could also affect the interest rate offered by the lender. The most common examples include purchase, rate/term refinance (no cash-out refinance) and cash-out refinance.

Down Payment

The down payment refers to the equity amount that the buyer puts towards the purchase price of a home. For instance, a home being purchased for $500,000 with a $100,000 down payment means the buyer will have 20% equity in the new home. In general a larger down payment results in better rates and closing costs for your loan. Down payments below 20% usually require some form of mortgage insurance which would be an added cost to you. The exception is for VA financing.

Loan Amount

This term refers to the amount that the borrower must pay back to the lender as stipulated in the loan contract. The loan amount is one of the main factors in determining what rate and loan program you’ll be eligible for. For the most common loan programs such as conforming or FHA financing there are loan limits. Anything above those limits results in a borrower being ineligible for that program and subject to different rates and fees. In general VA loans have the best terms followed by conforming loans and select jumbo loans for really qualified borrowers or high net worth clients.

Credit Score

A credit score is a numerical figure that expresses the creditworthiness of a consumer. A higher credit score is better when it comes to taking out a loan, as it reduces the lender’s risk when loaning out funds. A credit score is affected by repayment history, number and age of open accounts, total debt levels, and credit utilization. Credit is a key deciding factor in determining what rates and costs you’re eligible for. High credit scores over 740 will get you the best rates available. Adjustments to the terms available for most loan programs occur in 20 point increments. For example the second best credit score range would be 720-739, then 700-719 and so on.  Once your scores drop below 640 the programs you will qualify for will be severely limited.

Purchase Price

The purchase price refers to the price that a buyer pays for a property.

Property Type

Property type refers to the characteristics and configuration of a dwelling. For instance, detached homes, townhomes, and condos are all examples of different property types. Single Family Home will have the best terms when compared to other property types. Provided you put down more than 25% condos will be second best followed by multi-family 1-4 units. Properties like co-ops and manufactured homes will usually have higher rates and it will be more difficult to find lenders that will accept those property types.

Occupancy

Occupancy refers to the status of the people living in a home. For example, a home may be occupied by the owners, or by tenants who pay the owner rent in exchange for the right to live in the home. Owner Occupied homes will have the best rates followed by second homes (vacation homes that are not rented) and investment properties which include any property that does not fit the classification of a primary residence or second home. This includes rental properties, homes a family member occupies for free or a speculative property that is vacant.

Loan Program

A loan program or loan type refers to the type of loan being taken out to finance the purchase of a property. In the US, common mortgage loan programs include fixed-rate mortgages, variable-rate mortgages, conforming loans, FHA loans, and VA loans. Fixed-rate loans can come with different terms such as a 30 year fixed, 20 year or 15 year fixed. ARM’s or adjustable rate mortgages are usually fixed for a specified period of time and then adjust annually after the initial fixed rate period.

Rate quote isn’t what you expected?

If your instant rate quote isn’t what you expected, we can provide counsel on how to potentially transform your quote into something more acceptable. Sammamish Mortgage is a family-owned mortgage company with over 30 years of experience in the industry. We proudly serve customers in the Pacific Northwest region. We serve WA, ID, OR, CO and CA. If you’re looking to buy a home in one of these states, we can help!

Our Reviews

Artem Tkachenko
September 29, 2024
Amazing team. Highly recommend
Tyler J Willis
September 28, 2024
We just closed on a home and used Sammamish Mortgage, they went above and beyond to make sure we could close on time. Would highly recommend!
Ryan Foster
September 3, 2024
Nick and Barb did a great job processing our transaction. They secured lower rates and went above and beyond in a unique transaction. Would highly recommend them.
Brianna Campbell
September 2, 2024
As a first time homebuyer the entire process was incredibly daunting! Ryan and his team walked us through everything step by step and made the process easy. They were transparent, timely, and easy to work with. I truly felt like Ryan and his team were always looking out for our best interests. He and his team are very compassionate and I highly recommend them!
Sergiy Saliyev
August 29, 2024
A few months ago I was applying for a loan, and Nick did a fantastic job with explaining all the details, answering all the questions I had, and providing competitive quotes. I had a great experience and would recommend this place and Nick as a loan officer!
Nohemi Magnuson
August 22, 2024
Clint Edwards is the best loan officer we have ever met! We will recommend him to all of our family and friends! He did an excellent job helping us purchase our home! He is very dedicated, and he is passionate with his job! Absolutely enjoyed buying our home thanks to his hard work and dedication to help us understand every step of the way! He is very patient, and very flexible with time and kind towards us. He is knowledgeable about the home market and was willing to explain to us with charts and keep us informed on the current market. It was a pleasure working with Clint Edward, and if we need to purchase or refinance our home, we will definitely be reaching him out! He is phenomenal! Thank you so much! We are so happy he was on our team for our home purchase!
Darren Bridenbeck
August 21, 2024
I worked with Onstad-Hawes and he helped me understand how we could truly do a no cost refi. It sounds too good to be true, and after having him walk me through the loan disclosure like 10x times it finally clicked. Nick is a great teacher, hes patient and doesnt mind reiterating things if they arent clicking. By the time we got to signing I was able to talk through folks in the industry on how our refi was no cost and why it made so much sense and was an awesome idea. Also, Sammamish has amazing rates, no origination fee, and unbeatable lender credits. I shopped around and nothing came close. Ive been recommending Nick and Sammamish to everyone I know. Feel free to shop around if you want, but Im confident Sammamish cant be beat.

Sammamish Mortgage Can Help You with a Rate Quote

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We proudly serve customers in the Pacific Northwest region. We serve WA, ID, OR, CO & CA. If you’re looking to buy a home in one of these states, we can help!

  • Sammamish Mortgage No Cost Program
  • Live Real-Time Custom Rates and Costs
  • Low Mortgage Rate Quotes and Fees
  • Detailed Cost Breakdown
  • On Time Closing
  • Transparency In All We Do
  • Unparalleled Reputation
  • Communication Is Key
  • Reduced Monthly PMI
  • Fast Appraisals
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