* $800,000 | 30-Yr-fixed | Credit Score 800+ | 25% Down Payment
Auburn, WA, is a vibrant city offering a mix of urban convenience and natural beauty. Known for its scenic parks, thriving arts scene, and easy access to Seattle, Auburn is an ideal place for families, professionals, and retirees. At Sammamish Mortgage, we offer customized mortgage solutions to help you make Auburn your home.
Several factors influence mortgage rates in Auburn:
Our team of experienced mortgage advisors will help you navigate these factors to secure the best rate possible.
With over 30 years of experience, Sammamish Mortgage is committed to providing personalized service and competitive rates. Our mortgage advisors offer transparent guidance and expert insights to simplify the home buying or refinancing process.
Auburn offers a wide variety of housing options, from charming single-family homes to modern condos and new developments. Whether you’re buying your first home, upgrading, or investing in property, Auburn’s real estate market has something for everyone.
At Sammamish Mortgage, we offer a diverse range of mortgage products to fit the unique needs of Auburn residents. Whether you’re looking for the stability of a 30-year fixed-rate mortgage with predictable payments, the specialized benefits of VA loans for veterans and active-duty military, flexible FHA loans ideal for first-time buyers or those with lower credit scores, or jumbo loans designed to finance higher-value properties in Auburn’s upscale neighborhoods, we have the right solution to help you achieve your homeownership goals.
Securing a great mortgage rate isn’t just about numbers—it’s about transparency and trust. A reliable lender will clearly outline all fees and terms so you know exactly what you’re committing to.
At Sammamish Mortgage, our goal is to match you with the loan that best fits your financial situation, not simply the largest loan available. With personalized service and decades of experience, we ensure you get the right mortgage solution for your needs.
There are many different types of real estate loans available for Auburn borrowers.
A 30-year fixed-rate loan is one of the most popular types of mortgages, since it lets you spread out the cost of buying a home in Washington for a reasonable monthly mortgage payment.
A 15-year fixed-rate mortgage features a fixed interest rate and consistent payments over a 15-year term.
ARMs are loans where the interest rate starts low and adjusts periodically based on market conditions.
VA loans are designed for veterans, service members, and surviving military spouses. Qualifying borrowers can get a home loan with no down payment.
FHA loans are designed for low-income or first-time home buyers who may not have perfect credit or a big down payment. You can achieve home ownership sooner than you think.
Jumbo loans can help qualify you to buy a home in a more expensive part of the country, even if the price of the home is higher than conventional loan limits.
Bridge loans refers to short-term financing that helps cover costs until long-term funding or a property sale is finalized.
Self-employment mortgages are designed for borrowers who earn income through business ownership or freelance work.
Bank statement loans use bank deposits as proof of income instead of traditional tax documents.
Asset-based loans are a type of financing that is secured by personal or business assets rather than just income or credit score.
DSCR loans are a type of investment property loans approved based on the property’s debt service coverage ratio rather than personal income.
1099-only loans are tailored for independent contractors who verify income solely through 1099 forms.
First-time buyer programs are Special loan options offering lower down payments or incentives for new homeowners.
Investment loans are a type of financing designed for purchasing rental properties or real estate intended to generate income.
Second home mortgages are designed for buyers looking to purchase a vacation property or secondary residence.
A Cash Buyer Program lets homebuyers make an offer without the usual financing contingencies required with traditional mortgages. With the Sammamish Mortgage Cash Offer Program, buyers can take ownership immediately and avoid the risk of paying high excise taxes that may apply when a title is transferred from a third-party purchaser.
You’ll need stable income, a qualifying credit score (usually 620+), and a manageable debt-to-income ratio.
Yes—FHA loans and some local lenders offer options for borrowers with credit scores as low as 580.
VA and USDA loans offer 0% down for eligible buyers in qualifying areas, including parts of Auburn.
Conventional, FHA, VA, USDA, jumbo, fixed-rate, and adjustable-rate mortgages are all available through local lenders.
To get pre-approved, submit your income, credit, and employment details to a lender for review.
Pre-qualification is an estimate based on information you provide, while pre-approval is a verified loan amount based on documentation and a more comprehensive review.
Most mortgage lenders require a score of 620+, but better rates are available with higher scores.
Yes—refinancing can help lower your rate, change your term, or tap into home equity.
Expect to pay 2–5% of the home price in closing costs, including appraisal, title, and lender fees.
Yes, you’ll need mortgage insurance if your down payment is below 20% on a conventional loan, or if you use an FHA loan.
Yes—eligible veterans and active-duty service members can access VA loans with no down payment.
FHA loans require as little as 3.5% down with a credit score of 580 or higher.
For many, yes—homeownership builds equity and offers stability, especially with rising rental costs.
Whether you’re buying a home or ready to refinance, our professionals can help.
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