Locally Owned, Serving All of Washington State

Mortgage Products

Westwood Mortgage offers a variety of loan programs to meet your needs. We work with the nation’s leading lenders in the industry to provide the largest selection of personally tailored loan programs.

Here is a sampling of the most popular loan programs:

30 year fixed rate | 15 year fixed rate

10/1 Fixed/ARM | 7/1 Fixed/ARM | 5/1 Fixed/ARM

Jumbo 30 year fixed rate | Jumbo 15 Year fixed

Jumbo 10/1 Fixed/ARM | Jumbo 7/1 Fixed/ARM | Jumbo 5/1 Fixed/ARM

Conforming Jumbo

30 year fixed rate
A traditional fixed interest rate and fixed payment loan offering the long term security of knowing that your rate and payment will not change. The interest rate and monthly payment are permanently fixed and calculated to repay the principal and interest entirely by the end of the loan term. View FHFA Confirming Loan Limits Map
Term: 30 years – Maximum Amount for King, Snohomish and Pierce counties: $667,000
Term: 30 years – Maximum Amount for San Juan county: $483,000
Term: 30 years – Maximum Amount for all remaining Washington State counties: $453,100
15 year fixed rate
A traditional fixed interest rate and fixed payment loan designed to pay-off in only 15 years. The interest rate and monthly payment are permanently fixed and are calculated to repay the principal and interest entirely by the end of the loan term. Increased monthly payments make qualifications more difficult.
Term: 15 years – Maximum Amount for King, Snohomish and Pierce counties: $667,000
Term: 15 years – Maximum Amount for San Juan county: $483,000
Term: 15 years – Maximum Amount for all remaining Washington State counties: $453,100
10/1 Fixed/ARM
A great alternative to a 30 year fixed rate. Annual interest rate and payment are fixed during the first ten years. After the tenth year the interest rate will adjust annually according to a predetermined combination of index and margin. Lower rates allows for easier qualifications.
Term: 30 years – Maximum Amount for King, Snohomish and Pierce counties: $667,000
Term: 30 years – Maximum Amount for San Juan county: $483,000
Term: 30 years – Maximum Amount for all remaining Washington State counties: $453,100
7/1 Fixed/ARM
Another great alternative to a 30 year fixed rate. Annual interest rate and payment are fixed during the first seven years. After the seventh year the interest rate will adjust annually according to a predetermined combination of index and margin. Lower rates allows for easier qualifications.
Term: 30 years – Maximum Amount for King, Snohomish and Pierce counties: $667,000
Term: 30 years – Maximum Amount for San Juan county: $483,000
Term: 30 years – Maximum Amount for all remaining Washington State counties: $453,100
5/1 Fixed/ARM
An additional great alternative to a 30 year fixed rate. Annual interest rate and payment are fixed during the first five years. After the fifth year the interest rate will adjust annually according to a predetermined combination of index and margin. Offers tremendous savings compared to a 30 year fixed rate.
Term: 30 years – Maximum Amount for King, Snohomish and Pierce counties: $667,000
Term: 30 years – Maximum Amount for San Juan county: $483,000
Term: 30 years – Maximum Amount for all remaining Washington State counties: $453,100
Jumbo 30 year fixed rate
A traditional fixed interest rate, fixed payment loan offering the long term security of knowing that your rate and payment will not change. The interest rate and monthly payment are permanently fixed and are calculated to repay the principal and interest entirely by the end of the loan term.
Term: 30 years – Maximum Amount: $3,000,000
Jumbo 15 Year fixed
A traditional fixed interest rate, fixed payment loan offering the long term security of knowing that your rate and payment will not change. The interest rate and monthly payment are permanently fixed and are calculated to repay the principal and interest entirely by the end of the 15th year. Increased monthly payments makes qualification more difficult. 
Term: 15 years – Maximum Amount: $3,000,000
Jumbo 10/1 Fixed/ARM
A great alternative to a Jumbo 30 year fixed rate. Annual interest rate and payment are fixed during the first ten years. After the tenth year the interest rate will adjust with the market annually. Offers tremendous savings compared to a Jumbo 30 year fixed rate.
Term: 30 years – Maximum Amount: $3,000,000
Jumbo 7/1 Fixed/ARM
Another great alternative to a Jumbo 30 year fixed rate. Annual interest rate and payment are fixed during the first seven years. After the seventh year the interest rate will adjust with the market annually. Offers tremendous savings compared to a Jumbo 30 year fixed rate.
Term: 30 years – Maximum Amount: $3,000,000
Jumbo 5/1 Fixed/ARM
An additional great alternative to a Jumbo 30 year fixed rate. Annual interest rate and payment are fixed during the first five years. After the fifth year the interest rate will adjust with the market annually. Offers tremendous savings compared to a Jumbo 30 year fixed rate.
Term: 30 years – Maximum Amount: $3,000,000
Conforming Jumbo
In 2008, Congress passed the Economic Stimulus Package approving Fannie Mae & Freddie Mac to fund larger loan amounts. Beginning in 2018, “the new ceiling loan limit for one-unit properties in most high-cost areas will be $679,650 — or 150 percent of $453,100”.
The Conforming Jumbo loans are available in every type of loan offered through Fannie Mae & Freddie Mac, except they are not available for multi-family properties.
Term: 30 years – Minimum Amount: $679,650

Westwood Mortgage

9706 4th Ave NE Suite #205
Seattle, WA 98115
Office: 206-526-2602
Fax: 206-374-2375
Email: info@westwoodmortgage.com

Social Media

Westwood Mortgage

9706 4th Ave NE Suite #205
Seattle, WA 98115
Office: 206-526-2602
Fax: 206-374-2375
Email: info@westwoodmortgage.com

Social Media

Westwood Mortgage is a Correspondent Mortgage Lender | Licensed under the Washington State Consumer Loan Act | License Number: CL-38080

Westwood Mortgage is a Correspondent Mortgage Lender | Licensed under the Washington State Consumer Loan Act | License Number: CL-38080