* $800,000 | 30-Yr-fixed | Credit Score 800+ | 25% Down Payment
Purchasing a home in Tacoma, WA, is an exciting milestone, and our goal is to make the journey smooth and stress-free. Since 1992, Sammamish Mortgage has supported local buyers in achieving their homeownership dreams. With Tacoma’s lively arts culture and scenic waterfront, we appreciate the city’s distinctive appeal and are dedicated to guiding you through every stage of the mortgage process.
Knowing the latest mortgage rates is key when exploring Tacoma’s dynamic housing market. Rates can shift based on several factors, such as:
Securing the right mortgage rate requires working with a lender who prioritizes honesty and personalized guidance. At Sammamish Mortgage, our advisors average over 15 years of industry experience, ensuring you receive recommendations tailored to your financial situation.
From charming historic homes to sleek modern condos downtown, Tacoma offers a wide range of housing options. Whether you’re purchasing your first property or expanding your investment portfolio, the city provides opportunities for every type of buyer.
Because Tacoma’s community is diverse, a variety of loan programs are available to meet different needs. Whether you’re a first-time buyer, refinancing an existing mortgage, or financing an investment property, we can match you with a solution that fits.
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 Tacoma 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.
Historically, average mortgage rates in Washington State have tended to be slightly lower compared to the national average figures.
Mortgage rates fluctuate frequently, often changing daily and sometimes multiple times within a single business day.
Federal Reserve policies, though indirect, influence overall Treasury yields, which mortgage rates often follow closely.
A higher credit score demonstrates lower risk to the lender, generally qualifying the borrower for a better interest rate.
Mortgages for investment or secondary properties typically carry a slightly higher interest rate than those for a primary residence.
Yes, a rate lock guarantees the quoted interest rate for a specific period while the loan moves toward closing.
A jumbo loan is financing for an amount that exceeds the official conforming loan limit for Pierce County.
A lower DTI ratio indicates a better ability to manage monthly payments, making the borrower eligible for lower rates.
The interest rate is the cost of borrowing, while the APR (Annual Percentage Rate) includes additional fees and closing costs.
ARMs usually start with a lower introductory rate compared to fixed-rate mortgages, which later adjusts based on market conditions.
Choosing the right lending company can secure massive savings. Look for a full-service lending company, like Sammamish Mortgage, staffed with seasoned, professional advisors. The goal is to obtain expert guidance on selecting the perfect loan program for your situation, not merely to be pushed toward the highest possible borrowing amount.
Whether you’re buying a home or ready to refinance, our professionals can help.
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