Mortgage Broker in Seattle WA | Home Loans | Blue Square Mortgage
Blue Square Mortgage offers many lending options with great rates and exceptional service in Seattle and throughout Washington. Call us at (206) 352-6453.
If you serve or have served in our nations armed forces, you may qualify for a VA loan in Washington state. VA loans offer fantastic benefits for those who are eligible, including a zero down payment.
A conventional home loan is also called a "conforming" home loan. This is because it conforms to the conventional loan limits set and guaranteed by Fannie Mae and Freddie Mac. If you need a higher loan which surpasses those limits, you will have to apply for a jumbo loan.
Fannie Mae and Freddie Mac set the conventional loan limits by county. To find out the loan limits where you wish to purchase a home, you need to look up the limits for that county.
Seattle and Bellevue are both located in King County. Here are the Bellevue and Seattle loan limits for 2019:
These are significantly higher loan limits than those in many other areas around the country. This is to accommodate the higher housing costs in the local real estate market.
To be eligible for a conventional loan in Bellevue, Seattle, or any other Washington location, you must meet these criteria:
While it is in your best interest to wait to apply for a conventional mortgage until your credit score and debt-to-income ratio are ideal, competitive rates and terms exist for customers with a wide range of financial situations.
While the basics of VA loan qualification are straightforward, trying to navigate the finer details can be a challenge. You also will need to properly document your service.
Blue Square Mortgage can walk you through the entire process step-by-step, processing your application quickly so you can take advantage of your benefits and move into your new home.
You served your country, and you deserve the best possible service from your VA lender in Seattle. Ready to start your application? Please call us today at (206) 352-6453. We will answer any questions you might have and schedule your consultation.
Top Rated Mortgage Broker In Seattle
Blue Square Mortgage is located on 4212 33rd Ave W, Seattle. From Seattle-Tacoma International Airport (SEA) head southeast on Airport Expressway toward Departures Dr and use the left lane to keep left. Then keep left and slight left onto Airport Expressway. Keep left at the fork, follow signs for WA-509/WA-518 W and merge onto WA-518 W. Next, merge onto WA-518 W and take the exit onto WA-509 N toward Seattle. WA-509 N turns slightly left and becomes Hwy 99 N/E Marginal Way S. After that continue straight onto Aurora Ave and turn right onto Halladay St. At this point turn right onto 6th Ave N and turn left onto Dexter Ave N. Head straight for 0.5mi and turn left onto Nickerson St. Then continue straight to stay on Nickerson St and continue straight onto W Nickerson St. Finally, turn left onto W Emerson St and turn right onto Gilman Ave W. Continue onto W Government Way, turn left onto 33rd Ave W and Blue Square Mortgage will be on your left.
We are open Monday - Friday 7AM - 6PM Saturday 9AM - 4PM Sunday 10AM - 3PM.
For additional questions you can call us at (206) 352-6453 or you can find us on Yelp and Birdeye.
Blue Square Mortgage is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.