Sammamish Mortgage, Locally and family owned and operated, has been serving the greater Northwest for 20 years.
Thanks to a proven commitment to Integrity, accountability, and simplicity, Sammamish Mortgage has earned an A+ Better Business Bureau rating and
more importantly, many happy and loyal customers who willingly and happily tell their friends and family about the expertise,
service and honest they have come to expect from Sammamish Mortgage.
Sammamish Mortgage features award winning loan officers, including Michael Shane
who has ranked in the top 40 loan officers in the United States and #1 in WA for the last two years along with Jeanne Shane who has ranked in the top 5 originators in WA.
Services/Products
No Application or lock fees,Conventional and Jumbo Loans
Conventional loans are secured by government sponsored entities or GSE's such as Fannie Mae and Freddie Mac.,Fixed Rate Mortgages
A loan program where your monthly principal and interest payments never change.,Adjustable Rate Mortgages (ARMs)
These loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home.,Introductory Rate ARMs
Most adjustable rate loans (ARMs) have a low introductory rate or start rate, some times as much as 5% below the current market rate of a fixed loan.,Better Business Bureau rating of A+
Serving the Pacific Northwest since 1992
Straightforward, honest and trustworthy
Experienced loan experts to help guide you through the loan process,Lowest combination of rates and fees,Closing costs guaranteed,Home of a top 150 originator in the country three years in a row,We have access to dozens of lenders nationwide,FHA approved,Standard ARMs and the Differences
Various types of adjustable rate mortgages.,Cost of Funds Index (COFI)
This index is used to determine the interest rate for some types of ARMs.,London InterBank Offered Rate (LIBOR)
This index is used to determine the interest rate for some types of ARMs.,Interest Only Loans
"Interest only" products are an easy way to save money and a very popular alternative to traditional fixed rates but they are not without risk. An "Interest Only" loan can offer consumers greater purchasing power, increased cash flow and a number of other benefits which are listed later in this article.,Graduated Payment Mortgages (GPMs)
The GPM is an alternative to the conventional adjustable rate mortgage, and has a fixed note rate and payment schedule.,Interest Rate Buydowns
The most common buy down is the 2-1 buy down.