Unlocking the Mystery of Seattle Home Ownership
Seattle & Bellevue Home Buyers be prepared to unlock the mystery of “How much can I afford?” The Mortgage Reel breaks down the numbers and answers questions to empower buyers.
The above scenario is based on the following terms:
*Interest Rate 5%
*APR 5.852%
*Credit Mid Score 680
*This option is structured and based on the October 4, 2010 guidelines. If you opted to buy before October 4, 2010 your monthly payment would be slightly reduced.
*Gift funds are an available option for the down payment. Gift funds can be contributed from a direct family member.
*The overall interest rate is very conservative based on today’s market. We priced this scenario to allow for market fluctuations. Please check the Mortgage Reel for current mortgage rates! Seattle Mortgage Rates are equal to or below national averages.
For additional questions please contact us!