• Home

  Welcome to Seattle Financing

  Whether you prefer to do business online or meet a live person, we will provide you a custom tailored loan to fit your exact needs.

  
• Apply Now
  • Quick Quote
  Use our Quick Quote to find out what our lowest rates are.
  • Full Application
  We suggest filling out this application only if your loan consultant has instructed you to do so. This application requires you to setup a user name and password for yourself.
  • Download Application
  You can download the application material now and mail or fax it to us. This is a full application that can be printed as opposed to the online application that can be filled out on a browser.
• Purchase

  Purchasing a home is a very exciting time, and being well prepared will help you make better decisions. Take this opportunity to learn more about home buying and the mortgage process.
  
• Refinance

  Why pay more than you have to? Don't miss out on super low rates.
  Changing the terms of your loan can benefit you and maximize your monthly income.
  
• Tools & Info

  Calculators Loan Types Fixed & ARM programs FHA & VA Loans Interest Only Loan Advisor Frequently Asked Questions Glossary of Terms

  If you would like to know the rate for which you qualify, ApplyOnline, and we will give you an accurate assessment of what you can afford.
  If you have any questions, just click Contact Us or call us at

  206.931.5617

  .
• About Us

  Company Profile Contact Us Preferred Partners If you would like to know the rate for which you qualify, Apply Online, and we will give you an accurate assessment of what you qualify for.

15, 20, 30 Year Fixed Loan

30 Year Fixed

An FHA (Federal Housing Administration) loan is a loan insured against default by the FHA. In other words, the FHA guarantees that a lender won’t have to write off a loan if the borrower defaults – the FHA will pay. Because of this guarantee, lenders are willing to make large mortgage loans.

5% downpayment required on purchase
Minimum credit score - usually 620
Post- bankruptcy: can qualify after 4 years
Post-foreclosure: can qualify after 7 years
Post-shortsale: Can Qualify after 2 years (LTV restrictions may apply)

20 Year Fixed

This type of loan is the same as the 30 year fixed rate loan except the life of the loan is 240 months as opposed to 360 months. Since the loan is being paid slightly faster than the 30 year fixed rate loan, monthly payments for this type loan are higher than the 30 year fixed rate loan. Some Lenders allow for a lessor rate.

15 Year Fixed

This type of loan is the same as the 30 year fixed rate loan except the life of the loan is 180 months as opposed to 360 months. Since the loan is being paid faster than either the 30 year fixed rate loan or the 20 year fixed rate loan, monthly payments for this type loan are higher than the other two loans.
Generally, the longer a lender agrees to keep the interest rate "fixed", the greater the risk to the lender, therefore, in most instances, interest rates on 15 year fixed rate loans are slightly lower than on 20 or 30 year fixed rate loans.

It's Easy! Get pre-qualified NOW!

Fill in your details below, and start your application with a free consultation.