Thirty-year fixed-rate mortgages are a "classic" mortgage option. This fully amortizing principal & interest mortgage is usually the easiest fixed-rate mortgage to qualify for and provides the maximum interest deduction for taxes. This option offers a set rate and payments that do not change throughout the life or "term", of the loan. A portion of each monthly payment goes towards paying back the money borrowed, the principal, and the rest is interest. Any money paid into the value of the house, including your down payment, is known as equity in the home.
Largest Cities in Washington:
Auburn
Bainbridge Island
Bellevue
Bellingham
Bothell
Bremerton
Burien
Cascade-Fairwood
Cottage Lake
Des Moines
East Hill-Meridian
Edmonds
Everett
Federal Way
Kennewick
Kent
Kirkland
Lacey
Lakewood
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Lynnwood
Marysville
Mount Vernon
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Opportunity
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Pasco
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Fixed Rate/Adjustable Rate Conforming Rates and APR's are based on a $200,000 loan for a purchase or refinance transaction of an owner occupied, single-family residence with an 80% loan-to-value ratio (97% LTV for FHA’s).
Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.
Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.
Fixed Rate/Adjustable Rate Jumbo Rates and APR's are based on a $450,000 loan for a purchase or refinance transaction of an owner occupied, single-family residence and up to 70% loan-to-value ratio.
Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.
Quotes are for "no cash-out" loans. All quotes are for products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.
Personalized Refinance Quotes powered by: Mortgage Loan Directory and Information, Inc (MLD). MLD is not a lender and does not offer loans directly or indirectly through any representatives or agents. MLD is not responsible for the accuracy of the interest rate or APR information as displayed by the brokers, lenders or advertisers who are providing the quotes.
The information contained on this website is provided as a supplemental educational resource. Readers having legal or tax questions are urged to obtain advice from their professional legal or tax advisors. While the aforementioned information has been collected from a variety of sources deemed reliable, it is not guaranteed and should be independently verified.
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