Mortgage Rates - Compare Rates & Save

Live mortgage rates and costs in seconds! – No email, Social Security Number or Personal Information is required. Serving home buyers in WA, OR, ID, CO and CA.

Your Best Rates Here

$ 3,792
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
6.500%
6.731%
1.991
$0
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$ 3,892
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
6.750%
6.899%
1.128
$0
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$ 3,992
The monthly payment shown is principal and interest only and doesn’t include property taxes and homeowners insurance.
/mo
7.000%
7.053%
0.145
$0
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Whether you’re buying a home or ready to refinance, our professionals can help.

Live Mortgage Rate Quote Tool – Live Rates 24/7 

Over 15 years ago we decided to be one of the first mortgage companies to allow our clients to get rates and costs online with our online rate quote tool. This transparency has helped us build trust with our clients and empowered them to take control of the mortgage process and with guidance from our experienced Mortgage Advisors make informed decisions on what loan structure works best for their specific situation.

Current Mortgage Rates

The experts at Sammamish Mortgage can help you determine what interest rate you can expect to pay in Washington State. You can use our Instant Rate Quote tool to get interest rates and closing costs based on your specific financial situation and the type of loan you want to use. Mortgage rates can change constantly, and they vary based on a number of factors, including the borrower’s qualifications. That’s why it’s important to get an individualized rate quote tailored to you personally. Sammamish Mortgage can give you a personalized quote for current mortgage rates in Washington State, Oregon, Colorado, Idaho & California, as these are the states we serve.

Highly Competitive Rates

Sammamish Mortgage has been serving the Pacific Northwest for more than 30 years. Many of our customers come from the Seattle & Bellevue, WA metro area in particular. Our business model allows us to offer some of the lowest mortgage rates you’ll find anywhere. More importantly, we can also help you choose the right type of home loan for your particular situation. The table above gives you some insight into the current Seattle and Washington State mortgage rates available in today’s market. The rates shown in the table include a variety of loan types, including jumbo, fixed, and adjustable-rate mortgages. They also include government-backed mortgage loans such as FHA and VA. We also offer bridge loans and construction loans. Please contact us if you would like to receive a personalized Seattle mortgage rate quote based on your current financial situation.

Live Mortgage Rates for the Pacific Northwest

In addition to Washington State, we also provide loans for customers in Idaho, Colorado, Oregon & California. We can provide you with a current mortgage rate quote for whichever one of these states you plan to buy in. Sammamish Mortgage is a family-owned mortgage company with over 29 years of experience providing loans at competitive rates for our customers. If you’re planning to purchase a home in WA, ID, CO, OR or CA, and you’re going to obtain a mortgage loan, reach out to us today for a personalized mortgage rate quote.

Paying Points at Closing

You’ll notice a “points” column in the current mortgage rates table above. A point is equal to one percent of the loan amount. As a borrower, you can choose to pay points at closing (in addition to the standard third-party and lender fees) in order to secure a lower interest rate on your loan. The table shows how points can affect mortgage rates. Generally speaking, paying more points at closing will help you secure a lower rate. So, there’s an inverse relationship between the two. To obtain the best rates and closing costs based on your specific situation, please use our Interest Rate Quote tool, or contact our knowledgeable staff for assistance.

Rates Depend on Multiple Factors

Sammamish Mortgage makes use of an innovative software platform that provides you with an instant rate quote. The system does this by comparing multiple lenders and investors from across the US, providing real-time results. All you need to do to get your rate quote is to input a few pieces of information, and within seconds, you’ll receive an accurate breakdown of the interest rates and costs available for you. You won’t have to supply any personal information to obtain this data, either. The mortgage experts at Sammamish Mortgage always work to ensure that the best interests of our clients are always met.

Loan Purpose

The term “loan purpose” is used in the mortgage industry in the US to describe the reason why an applicant is looking to apply for a loan. The lender will use the purpose of the loan to make decisions on the risk level of the borrower. The loan purpose could also affect the interest rate offered by the lender. The most common examples include purchase, rate/term refinance (no cash-out refinance) and cash-out refinance.

Down Payment

The down payment refers to the equity amount that the buyer puts towards the purchase price of a home. For instance, a home being purchased for $500,000 with a $100,000 down payment means the buyer will have 20% equity in the new home. In general a larger down payment results in better rates and closing costs for your loan. Down payments below 20% usually require some form of mortgage insurance which would be an added cost to you. The exception is for VA financing.

Loan Amount

This term refers to the amount that the borrower must pay back to the lender as stipulated in the loan contract. The loan amount is one of the main factors in determining what rate and loan program you’ll be eligible for. For the most common loan programs such as conforming or FHA financing there are loan limits. Anything above those limits results in a borrower being ineligible for that program and subject to different rates and fees. In general VA loans have the best terms followed by conforming loans and select jumbo loans for really qualified borrowers or high net worth clients.

Credit Score

A credit score is a numerical figure that expresses the creditworthiness of a consumer. A higher credit score is better when it comes to taking out a loan, as it reduces the lender’s risk when loaning out funds. A credit score is affected by repayment history, number and age of open accounts, total debt levels, and credit utilization. Credit is a key deciding factor in determining what rates and costs you’re eligible for. High credit scores over 740 will get you the best rates available. Adjustments to the terms available for most loan programs occur in 20 point increments. For example the second best credit score range would be 720-739, then 700-719 and so on.  Once your scores drop below 640 the programs you will qualify for will be severely limited.

Purchase Price

The purchase price refers to the price that a buyer pays for a property.

Property Type

Property type refers to the characteristics and configuration of a dwelling. For instance, detached homes, townhomes, and condos are all examples of different property types. Single Family Home will have the best terms when compared to other property types. Provided you put down more than 25% condos will be second best followed by multi-family 1-4 units. Properties like co-ops and manufactured homes will usually have higher rates and it will be more difficult to find lenders that will accept those property types.

Occupancy

Occupancy refers to the status of the people living in a home. For example, a home may be occupied by the owners, or by tenants who pay the owner rent in exchange for the right to live in the home. Owner Occupied homes will have the best rates followed by second homes (vacation homes that are not rented) and investment properties which include any property that does not fit the classification of a primary residence or second home. This includes rental properties, homes a family member occupies for free or a speculative property that is vacant.

Loan Program

A loan program or loan type refers to the type of loan being taken out to finance the purchase of a property. In the US, common mortgage loan programs include fixed-rate mortgages, variable-rate mortgages, conforming loans, FHA loans, and VA loans. Fixed-rate loans can come with different terms such as a 30 year fixed, 20 year or 15 year fixed. ARM’s or adjustable rate mortgages are usually fixed for a specified period of time and then adjust annually after the initial fixed rate period.

Rate quote isn’t what you expected?

If your instant rate quote isn’t what you expected, we can provide counsel on how to potentially transform your quote into something more acceptable. Sammamish Mortgage is a family-owned mortgage company with over 30 years of experience in the industry. We proudly serve customers in the Pacific Northwest region. We serve WA, ID, OR, CO and CA. If you’re looking to buy a home in one of these states, we can help!

Our Reviews

Isaac L.
April 16, 2024
I had a great experience! The staff was very friendly and walked me through the entire process, answering my questions as they arose. They were quick to respond and moved quickly through the closing process, which was accelerated for my home purchase.
Christopher J.
April 16, 2024
This is my third time using Sammamish Mortgage to secure a home loan. Theyre always professional, fast and provide a smooth process for the customer. Ryan (and team) go above and beyond to ensure you have the right information to make informed decisions to maximize your loan and reduce costs and interest rates.
Amy L.
April 13, 2024
First class! We had a complicated situation to close but Sandra and Jana worked diligently to close just a day late.
Tommy F.
April 12, 2024
They were very easy to work with and gave us the best loan rates available to us.
Lisa E.
April 5, 2024
Very positive. Good communication. User friendly website.
Stelina S.
April 4, 2024
I enjoyed working with Sandra and Barb. They were kind, friendly and responsive.
Brian Cohen
March 27, 2024
I shopped around and found Sammamish to offer great rates with complete transparency. Throughout the process, I only spoke to two people (Nick and Tonya), which kept communication simple. Nick and Tonya were easy to reach and answered my questions clearly and enthusiastically. The best part of working with Sammamish was their speed. They were super fast, ready to close quickly. It was an excellent experience all around.

Sammamish Mortgage Can Help You with a Rate Quote

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We proudly serve customers in the Pacific Northwest region. We serve WA, ID, OR, CO & CA. If you’re looking to buy a home in one of these states, we can help!

  • Sammamish Mortgage No Cost Program
  • Live Real-Time Custom Rates and Costs
  • Low Mortgage Rate Quotes and Fees
  • Detailed Cost Breakdown
  • On Time Closing
  • Transparency In All We Do
  • Unparalleled Reputation
  • Communication Is Key
  • Reduced Monthly PMI
  • Fast Appraisals
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