Assessing Your ‘Debt-to-Income Ratio’: Why This Number Matters

August 4, 2015
Michael Shane
Home Buying Tips, Home Financing Tips, Mortgage Tips, New Buyers

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

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Sammamish Mortgage

4.9

Alice G

05:05 17 Feb 20

As a REALTOR, I deal with lenders almost daily, some good some not so good. Sammamish Mortgage gave me a great experience with my personal mortgage refinance, and an excellent rate package that our in-house lender could not match. The process was seamless and communication was excellent. I have already referred a client to check out this company and will do so again in the future.

Jason Koch

02:00 08 Feb 20

I felt confident the whole time working with the Sammammish Mortgage team. I had one or 2 struggles uploading some non-standard docs (multiple w2’s) to the website but they handled it great and were super responsive. They also helped to let me know my home owners insurance was going up and worked with me while I found a new company. All in all- great rates and great experience

O B

04:48 20 Jan 20

We bought our first house with mortgage from Sammamish Mortgage company. Also we did a refinance with them about 2 years later. Each time gave us best interest rates.On top of that they were very supportive, quick to respond, even to our longest lists of questions. They able to close deals very fast, usually less than 30 days.Very satisfied, thank you Ryan, Sandra, and the team!

Les O'neill

14:57 26 Dec 19

Ryan's team was wonderful to work with. Our refinance was fast and hassle free. Sammamish Mortgage locked us in on a GREAT rate. 5 stars!!!

Michael Jackson

02:20 21 Dec 19

Great experience with these folks, both for the original mortgage as first-time home buyers, and with a recent refinance once rates dropped enough to make that an attractive option. Bonus points for making accurate, detailed loan rate information available on their website without requiring a bunch of personal information first.

Seng Vue

05:50 05 Nov 19

I had a great experience with Sammamish Mortgage. Ryan and his team worked hard to make our refinance happen. Sammamish had one of the lower rates around and Ryan's team was very knowledgeable. They kept us in the loop at all times and closed very quickly on the loan.

Anne Caley

19:14 15 Oct 19

Wonderful customer service! Fast, efficient and very communicative. This was the second time I worked with Sammamish Mortgage and I definitely will do again. Highly recommend. :)

Leonard Santos

01:19 05 Oct 19

We own a fair amount of property and are familiar with bank lending practices. We were pleasantly surprised by Sammamish Mortgage. The offered us a great rate and handled the loan pretty well, though they were a little confused by the complexity of our information. Overall, they are a cut above other banks we have dealt with.

Michael Murphy

00:33 05 Oct 19

By far the best Mortgage company. They listen to what you need and deliver. I can honestly say they are unbeatable. We switched to them WHILE closing on our house because the last company did not listen to what I needed. They made the entire process as if nothing happened. Switching mortgage companies while in contact on a house is stressful and not easy, but could not have don't it without Ryan and his team. Their impression on me is a company I will stay with forever. New house and refinancing.

Tim Siegel

21:31 03 Oct 19

What I liked best is the responsiveness. Trevor always got back to me quickly with answers to my questions. I greatly appreciated that. Plus, Sammamish told me up front what I could get and they stuck to that. All in all, they made it as smooth and as easy as it could be.

Nasim Shahbazian

18:22 30 Sep 19

We recently worked with Sammamish Mortgage to refinance our home. It was the second time we worked with them, and for good reason. Sammamish provided us with an excellent service, they were super helpful in answering questions and finding the right product for us. The closing process can be daunting but they made it very simple and painless, I still can't believe how easy it was. Thanks again for the great work!

autumn RESTAINO

03:43 16 Sep 19

I just purchased and sold my home with Samamish, and I would recommend them to anyone that is looking for a reliable, easy to work with company that offers incredible interest rates. I live in port angeles, and even with them being hours away I didn’t once have to leave town to sign anything. I used them last year to refinance as well and it went just as smoothly. As much as you May think shopping for interest rates in your hometown is a good idea, I’ve done that. I spent hours searching, and this company hands down offers the lowest and best. You won’t be disappointed.

Liz Mills

13:36 08 Sep 19

Mark Smith and the Sammamish Mortgage team are highly experienced and knowledgeable, responsive, and nice. They made what is known to be a stressful process smooth. Their online application and secure server are easy to use. I can't imagine doing business with any other mortgage company.

Kathryn Sapienza

15:13 07 Sep 19

Fantastic experience with Sammamish Mortgage! I would very highly recommend their services to anyone. Extremely kind and professional! Thank you!

George Morales

13:52 30 Aug 19

The whole team was great to work with. The process was thorough and every step of the way was explained to us along with giving us updates when waiting for a given step to complete. Ryan was personable, very knowledgeable, and provided us with several options tailored to our situation. Great lender!

William Wardwell

17:14 26 Aug 19

Everyone there is terrific and professional (Ryan, Brenden, Sandra). They run a terrific operation. They helped me find the exact correct loan product for my needs. The company's flexibility and professionalism are outstanding. Anyone looking for a new mortgage or a refinance this company is a great place.

William Wardwell

17:14 26 Aug 19

Brett Forsyth

15:18 02 Aug 19

This is the second loan we have closed with Sammamish mortgage. They are fast, efficient, extremely competent, and accommodating.Everything was accomplished online, we were guided through the entire process. Never felt uninformed.Even final documents were signed at our home!

Carson C

20:24 12 Jul 19

The best experience I’ve had with a lender in the 3 purchases and two refinances I’ve done. Being able to see the price you pay and actually paying that price was refreshing. 100% recommend this company.

Logan Mead

20:45 28 Jun 19

I had an absolutely incredible experience with Sammamish Mortgage. Every staff member throughout this whole process has been wonderful, communicative, and very knowledgeable. My first contact was Trevor Shane and then Suzanne Thirtyacre. I bought a new house and sold our old house and they were fantastic making sure we closed in a very timely matter (we closed 26 days after they received my INITIAL application). to ensure a simultaneous closing date on both houses. I shopped rates before committing to Sammamish, who beat the numerous other banks out by .25% AND over half the price in closing costs. I literally saved my family and I over $20,000 by going with Sammamish and on top of that had an amazing customer service experience. It can seriously not get any better than this bank and I will forever recommend them to any of my buying friends and family. Thank you Sammamish Mortgage!!

marisol camacho

17:10 23 Jun 19

Ryan and his team were very supportive throughout the entire application process! Our Loan Processor Angel was very responsive when we had questions. The closing process went very smooth and we were able to close on time! We had a great first-time experience working with them as our lender. Ryan and his teams customer service is definitely A+, compared to other lender's on the market. Customer service and timely communication were really important to us, as this was our first home purchase. We will definitely work with Sammamish Mortgage in the future.

Wei-Chen Chen

20:30 03 May 19

Sammamish is very transparent about their rate offer. The process of quote is pretty non-intrusive not like other lenders that would try to take all personal information from you before you can do a simply quote. The whole loan application process is as stress-free as possible as they claimed.

Lance Whipple

15:27 26 Apr 19

Look no further, Sammamish Mortgage is the mortgage company for you! Extremely low rates and fees. Communication (Nick and Betty) was outstanding. Our no-cost refinance to a lower rate was nearly effortless. We're very satisfied with our experience and would highly recommend.

Rose Rapp

04:30 24 Apr 19

Nick, Ryan, Stacey and the whole team made this process easier than I ever could have imagined. Always able to answer questions even if it was 9pm at night(thanks Nick) and always in a timely matter. Not to mention that they were the best deal by far when it came to closing costs and interest rate. Highly recommended!

harsh sharma

20:55 17 Apr 19

Very good team of professionals to work with. I recently refinanced my home through them and I have nothing but praise for the team. All my questions were answered promptly either by email or phone to my satisfaction. The whole process was smooth and very transparent and it felt easier than car financing. I love their portal for uploading the docs and I knew exactly what documents are pending from my side and what I have submitted.

Isuru Suriarachchi

22:47 09 Apr 19

It's been great working with Sammamish. Ryan and his team was really helpful throughout the process. They made sure I got the best possible rate by first doing a rapid re-score of my credit score. And then few weeks after we locked the rate, interest rates further dropped and they gave me an even better rate. Overall, it was a great experience.

Kwaku Sefa-Dedeh

18:19 31 Mar 19

Ryan, Tiffany and Sandra did an amazing job; I couldn't be happier with the process and the results. They were very communicative at every step, went out of their way to accommodate an earlier close, and even managed to work in a lower interest rate than we had locked on. Not to mention they were already the lowest interest rate and lowest cost broker we looked at. Highly highly recommended.

sharath kumar HC

08:25 24 Mar 19

2016: Working with Sammamish Mortgage has been amazing experience. Ryan and Betty closely worked with us starting day one. They were on top of everything that needs get us closed on time. We closed on 5/26 and never felt that Sammamish would delay our closing dates. Loan process went really smooth. Closing cost almost matched with what was promised in the estimated cost.I would strongly recommand everyone and would get back to them for any future needs. Overall I am 100% satisfied.Special thanks for Ryan and Betty for being patient and answering all our questions since it was our first purchase.One feedback: If lender could release the final loan documents to ESCROW well in advance we would get enough time for reviewing documents just before closure sign. We received a day to go through bunch of final closure loan documents.2019: We returned to Sammamish Mortgage on our new property purchase and as expected closed it on time. Ryan and Sandra were on top of the things and made the process seamless. I would definitely recommend sammamish Mortgage.

Steve Eshom

15:55 20 Mar 19

Sammamish mortgage makes the mortgage process easy! Great people to work with who are focused on meeting my needs. Communication with them was smooth and their online tools are smooth and simple to work with.

Tyson Yeager

18:59 02 Mar 19

Super easy process. Fair pricing. Easy communication. Couldn’t have been better. I would highly recommend.

fred fred

20:35 17 Jan 19

We are from CA, we searched the internet to see which mortgage company had the highest grade and found Sammamish mortgage. We are very happy with our choice. Nice, Bernice, Suzanne, Sandra, and Candi (hope we did not miss anyone) are professional, efficient, patient, and friendly. If you have questions, they respond quickly. They also referred us to a wonderful realtor and within two months from the time we contacted Sammamish mortgage, the whole process was complete and we had our new house in WA area. We will definitely recommend Sammamish mortgage company to families, friends, and coworkers when it comes to real estate business in this area.

J Bear

06:35 02 Jan 19

From start to finish, Nick, Bernice and Sandra were professional as well as exceptional to work with while getting my loan processed. I can honestly say Sammamish Mortgage is the BEST Mortgage Company I have ever dealt with.They made sure I was kept up to date every step of the way and the entire process was low stress and a pleasant experience! If I could give more than 5 stars, I definitely would. My sincere thanks and gratitude to everyone at Sammamish Mortgage.

Rich Quigley

17:53 01 Jan 19

Being first time home buyers, the whole process felt very daunting. Once we took a class we learned to be patient and to find a good lender. Sammamish helped us understand the details of getting a loan and were quick to help. Their whole team was very helpful and the loan options they provided gave us a lot to think about, but really narrowed down the best financing options for us.

P G

18:31 15 Nov 18

Working with Sammamish Mortgage was a great experience. There are lots of lenders out there and they all offer similar rates, so what differentiates them? Service, knowledge, and professionalism. Every person we worked with on our loan understood our needs and went the extra mile to make the loan happen. Most of the paperwork was handled online making it easy and fast for us. They even sent a notary to the house for signing the closing documents, saving us a trip. Their daily rate tracking and 30 day rate lock was invaluable in getting the best rate and lowest costs. All in all a great experience. I highly recommend Sammamish Mortgage.

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Assessing Your ‘Debt-to-Income Ratio’: Why This Number Matters

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