Buying a Home or Refinancing?

Take advantage of today's low rates and down payment options. Lock in a home loan quote from Seattle's Mortgage Broker in minutes.

Take Advantage of Today's Low Rates and Low Down Payment Options

Buying a Home or Refinancing in Seattle? Seattle's Mortgage Broker can help you close on your low cost loan in 7 days or less.

Holding House Seattle Washington HIPO

121+ 5 Star Reviews

15+ Years in Seattle

Hundreds of Washington Families Served

Google My Business - Seattle's Mortgage Broker - 5 Stars
Yelp - Seattle's Mortgage Broker
Zillow - Seattle's Mortgage Broker
Yelp

Bo L.
Marietta, GA

One word to describe Joe is WOW! We got our key in 2 weeks. 

Joe is on his game and a Broker extraordinaire. He's extremely responsive, professional, true to his word and doesn't miss a thing. 

We put in an offer on late Sat night. Joe called seller's agent to assure them our financial status, explained how he can close faster than cash offer. We won the house without entering a bidding war because of Joe. Joe closed us in 5 DAYS, literally. We spent our time waiting for the county and Escrow to catch up.  

If you are in the middle of shopping for a mortgage, give Joe a call. That is all you need. If you want to compete with all cash offers, give Joe a call. That is all you need.

Google My Business

Chris R.
Seattle, Washington

Joe was EXTREMELY helpful in guiding us through the mortgage process. He was great at explaining everything to us clearly and presenting all of our options. We never waited more than 10 minutes for an answer to our questions, even on the weekends!

He made the whole process very relaxing, and made us confident that we understood what we were signing up for. On top of that he was able to close in 2 weeks!

Highly recommended!

Yelp

Avishek N.
Olga, Washington

I found Joe on Yelp after my first lender could not close on time. I had a special immigration related scenario that required consultation with underwriting. He gave me an answer within 4 hours regarding whether he can go ahead with my application.

If it was not for Joe, I was thinking about going with a lender which was offering me 5 1/2 ARM at 4.75% because of my immigration status.

Joe was able to offer me a conventional 30 year fixed. We were working on a very tight deadline but for Joe, it was no big deal. He is on top of things and keeps you posted on a regular basis.

Step 1

Get a quote

Get a quote

Complete our easy 2 minute quote-form and we will get you details of your rate and loan payment options.

Step 2

Seattle Home Loan Quote

30 min pre-qualification

Once you've confirmed your quote, we'll enter the discovery phase with you. We want to know about you, your goals, and your ideal loan scenario.

Step 3

Washington Mortgage Loan Quote

Get ready to close

After selecting the right plan for you, we finish processing your loan as quickly as 7 days and prepare you for closing. Your new home awaits!

How Does Seattle's Mortgage Broker Help Washington Home Buyers Win?

By giving them access to multiple mortgage lender products and rates. This gives you, the home buyer, the greatest chance at getting multiple competing offers.

Unfortunately banks only have their own products. This means less comparable data.

With over 15 years serving the unique needs of Washington and specializing in the Seattle market, we have found that buyers want creative options that fits their needs.

Take a look below to learn how we can add value to your home purchase journey.


Lock and shop

Secure a low interest rate while shopping for your new home.

60 and 90 day rate locks available.

Fast and easy approvals. Lock in an interest rate without an offer on a property.


Go doc-less

No more pay stubs. No more bank statements. No more tax returns. Just e-sign and go.

Our technology can securely and automatically verify income, assets and tax documents. Join the thousands who have saved time by going doc-less!


Loan tracking

With the click of a button you can track your loan through the process in real time. Our Super Track technology lets you know when your loan is submitted, when the appraisal is received, when the closing date is scheduled and more.


Lower payments

Low down payment options, top rated lender programs, and low interest rates means we can help you keep more money in your account.

We've helped hundreds Washington families get a low monthly payment for their situation, and we can do the same for you.


Experience review worthy service

What makes us unique is our response times and focus around your needs. What makes us stand apart from the competition? Ultra fast loan closing times and exceptional customer service.

With over 15 years in the business and over 121 5 star reviews, not only can we get the job done right but we ensure complete satisfaction with your home loan outcome.

more Faqs

What is a good credit score to get a mortgage?


Good credit starts at 700 but maxes out around 760, depending on which lender you go with. If you are considering an FHA mortgage then good credit starts at 660. Credit score operate in increments of 20pt brackets so a 660 will be viewed as the same score all the way up to a 679. A 740 all the way up to 759 and so on.

How do I get a mortgage?

There are two ways to start the process, either by filling out the application online and then speaking to the loan officer with any questions you may have or the other way around.

Speaking to the loan officer (to make sure you like/trust them) and then filling out the application. The application can be done over the phone or online, whichever is easiest for you.

The process itself only take ~15 minutes and is intended to get a general idea of what you would like to accomplish and, more importantly, able to accomplish. It will ask for personal/sensitive data like your full name, DOB, current address and your SSN so make sure you have done your research and checked them out online.

A great way to look someone up is to stay local and keep the keywords outstanding. For example, you could search: best mortgage broker in Seattle. That is a highly competitive position on google and will likely lead you only to reputable & local loan officers in your area.

Will I get approved for a mortgage?

There are three main points you should consider when it comes to qualifying for a mortgage. The industry refers to it as the 3 C's. Credit, Collateral and Capacity. 

Your credit score is an indicator of your likelihood to make things work, even when money is tight, so the higher the better. If you believe you have a score in the upper 600 range, you are looking good.

Collateral has to do with your down payment. Around Seattle there are two major options, one is with Fannie Mae/Freddie Mac and called "Conventional Financing" wile the other is Gennie Mae and called "FHA Financing". Conventional requires a minimum of 3% if you have moderate to low income (under 100k/yr) or 5% down for those over the income limits. FHA only requires 3.5% for their down payment and does not have income limitations. For people with low down payments, FHA is by far the most common method of purchasing a home.

Lastly Capacity has to do with your ability to repay the loan. The lender calculates this ability with a term called Debt to Income or DTI which is a ratio of your gross income vs. how much you owe in credit, auto, student loan and personal loan debts. The DTI ratio calculates only the minimum payments on these debts and is not concerned with anything that does not show up on a credit report like, cell phones, auto insurance, water bills, etc.

What is the jumbo loan limit in Seattle WA?

Seattle Jumbo loans start at anything above $726,525. Because of the high price point for Seattle, the median purchase price in 2018 has hovered right around $550,000. The thing to note about loan limits is they have to do with the amount you are borrowing, not buying. For example; you are purchasing a home for $825,000 but have a $100,000 down payment. This would put your loan amount into the conforming high-balance limit because you are only borrowing $725,000.

How long does it take to get pre approved for a home loan?

Getting pre approved for a home loan is a lot easier than you may think. There are only two steps and if you are a list oriented person, the process is a breeze. 

First you should find the loan officer you want to work with, once you have had a chance to speak to a couple and have weighed the pros/cons of each you can move onto step two, the application.

Most applications can be completed online or, if you prefer, over the phone during the first step. Filling out the online paperwork should take less than 15 minutes and it will only ask questions you’re sure to know the answers to, make sure to supply the documentation the loan office lists out for you in the phone call/follow up email so they can thoroughly review your qualifications.

Pro-tip; if you are issued a pre approval or pre qualification letter and you have not supplied your supporting mortgage documentation, you need to be wary of your loan officers commitment to you, they have not done their job thoroughly enough for you to shop for your home confidently.

Once you have completed these simple two steps your pre approval can be issued, typically on the same day!

Helping Washington Home Buyers Achieve Financial Success
Seattle’s Mortgage Broker – Joe Tafolla

Call: 206-251-0818
Email: joe (at) seattlesmortgagebroker.com

506 2nd Ave, Suite 1400, Seattle, WA 98104

NMLS 2237625
www.nmlsconsumeraccess.org
A Division of City Mortgage Brokers, LLC
MB# 2158059

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