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.
The shorter the term on your mortgage, the lower your mortgage rate. Did you know that you can take advantage of today’s low rates by shortening the term of your loan? There are many options available to help you pay off your mortgage faster and save that extra money!
We have helped thousands of happy clients save money on their mortgage with a refinance and we can help you too. Check out our refinance calculator to see what a new rate and term can do for you.
Pay thousands less in interest by locking in today! A shorter loan term and a fixed interest rate both help you pay off your mortgage more quickly and build equity faster.
For those with less equity in their home or who are looking to close with less money, the FHA loan is the perfect choice. If you have built up equity, you may be able to refinance and get rid of a private mortgage insurance (PMI) requirement at the same time.
Great rates and measurable savings may be available if you are a military member or veteran seeking to refinance your home. A VA Streamline Refinance requires minimal or no closing costs and much less documentation than a regular refinance or an original home purchase.
Not sure which program is right for you? Contact one of our specialists today! Sammamish Mortgage Group can advise you on which mortgage refinancing program best meets your needs, and help you refinance quickly and without any headaches.
In addition to refinancing to shorten your term and lower your interest rate, there are more things you can do to pay off your mortgage faster!
Your amortization is your schedule of payments split into principal and interest from the day your loan starts to the day it ends. You can put a chunk of cash towards the principal and ask to have your loan reamortized. This can generally mean shorter time to repayment if you keep the same payment amount.
If you pay half the amount of your mortgage payment every other week, at the end of the year you’ll have made a whole extra payment that can bring your total owed down. That’s because there are 26 two-week periods in a year, meaning 13 four-week periods. That last four week period is like an “extra month!”
Based in Bellevue, WA, Sammamish Mortgage has been in business since 1995, and we proudly serve customers in the Pacific Northwest region. Currently, we serve customers who are looking for homes in WA, ID, CO, OR & CA. If you’re currently in the market for a home in one of these states, or you’re thinking about buying a home, we’d love to hear from you. Our team of mortgage professionals has a detailed knowledge of the real estate markets of the Pacific Northwest and is able to help customers navigate these markets. View our Mortgage Loan Programs InfoGraphic!
If you’re either looking or thinking about buying a home in WA, ID, CO, OR or CA, reach out to Sammamish Mortgage today. No matter what stage of the process you’re in, we can provide valuable information which can help you. Contact Us today to learn more, or View Rates to get a sense of what current mortgage rates look like. You can also get a Rate Quote personalized to your situation, or Apply Now to jump start the application procedure.
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.