* $800,000 | 30-Yr-fixed | Credit Score 800+ | 25% Down Payment
Starting your homeownership journey in Bellingham, WA, is both exciting and monumental. Sammamish Mortgage has been a trusted partner to the residents of Bellingham for over 30 years, helping them achieve their property goals. With deep local insight, we’re here to guide you through the mortgage process, from the vibrant waterfront to the family-friendly neighborhoods.
Understanding mortgage rates is key in Bellingham’s active real estate market. A variety of factors can impact your rate, including:
Securing the ideal mortgage rate in Bellingham involves working with a lender who prioritizes transparency and customer care. Our Mortgage Advisors are highly experienced, averaging over 15 years each, and dedicated to providing personalized, financially sound advice.
Bellingham offers a wide range of housing options, from classic craftsman homes to stylish downtown condos with Puget Sound views. Whether you’re a first-time buyer or an investor, Bellingham’s market offers a variety of properties to explore.
With Bellingham’s diverse community in mind, we offer a broad selection of loan programs. Whether you’re purchasing your first home, refinancing, or investing, Sammamish Mortgage provides the ideal mortgage solutions to meet your needs.
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 Bellingham 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.
Yes, it’s known for its coastal charm, outdoor lifestyle, and proximity to Seattle and Vancouver.
Popular areas include Fairhaven, Columbia, and South Hill for schools, parks, and walkability.
Yes, low inventory and steady demand make it moderately competitive, especially for single-family homes.
Most lenders offer online pre-approval, including Sammamish Mortgage.
A score of 620+ is typically required, but higher scores qualify for better rates.
Conventional, FHA, VA, USDA, and jumbo loans are all available.
Conventional loans require 3% to 5%, FHA requires 3.5%, and VA/USDA may offer 0% down.
Yes, refinancing is available for better rates, cash-out options, or switching loan terms.
If you find a home that fits your budget and needs, buying now may help lock in current rates.
Get pre-approved, offer a strong earnest deposit, and work with a local agent familiar with Bellingham’s market.
Look for a lender with fee transparency, which can help you get the most suitable loan for their specific situation.
Factors that impact the rate you’re offered include the lender, your credit score, down payment, loan type, and current market trends.
Sammamish Mortgage stands out for its transparent pricing, instant rate quotes, and personalized service tailored to home buyers in the Pacific Northwest.
Whether you’re buying a home or ready to refinance, our professionals can help.
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No Obligation and transparency 24/7. Instantly compare live rates and costs from our network of lenders across the country. Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
