Rates in Seattle Luxury Neighborhoods

Craftsman home on Mercer Island

The Pacific Northwest is incredibly beautiful and picturesque with their mountain ranges and tall evergreens. The area offers an extremly comfortable climate year round which makes it attractive as well. While searching for a home in Seattle, Tacoma, Bellevue, Olympia, Vancouver or Spokane excellent loan products and solutions are available to qualified borrowers.

As expected, the products offered will be a choice of either 5, 7 & 10 Year ARMs or the fixed-rate programs of 30, 20 and 15-years with 30-year amrotizations. Various lenders have differnt rates and qualifying criteria.

Current Loan Limits for Washington State in 2016:

King, Pierce and Snohomish Counties

1 Unit - $517,500

2 Unit - $662,500

3 Unit - $800,800

4 Unit - $995,200

Multi-million dollar homes can be found in these expensive Seattle neighborhoods:
Belltown, Bellevue, Broadmoor, Capitol Hill, Clyde Hill, Denny Blaine, Downtown, The Highlands, Hunts Point, Kirkland, Laurelhurst, Madison Park, Magnolia, Medina, Mercer Island, Pioneer Square - First Hill - International District, Queen Anne, Redmond, Sammamish, and Washington Park.

Find a lender for a mortgage in » Seattle | Bellevue | Olympia

85% financing up to $1,800,000 or 90% on $1million purchase with "full documentation" are available in AZ, CA, CO, OR, UT, WA -
»»   Apply Now ««

    Borrowers need to have:
  • 720 credit score or higher
  • Purchase or Refinance (no cash back)
  • Rates range from 4.50% to 5.75%
  • Must Document Income and Assets for 2 years
  • No Prepayment Penalty

    **** 5% down Jumbo Loan (Portfolio Lender)
    If you're a licensed, medical doctor or in your medical residency, a dentist or related, there's a loan program exclusively designed that may enable you to get into your future home. By applying for the new "Doctor Mortgage", you may will gain access to the following residential jumbo financing advantages, like:

    · As small as five-percent down payment on mortgage loans to as much as $850,000 (limitations do exist)
    · Employment inception date as much as 60 days past closing is permissible
    · A choice of either a fixed-rate or adjustable rate

    For the "5% Down Jumbo Loan",    Contact
    John L. Scott Real Estate
    12320 NE 8th, Suite 100
    Bellevue WA