Ask EnriqueSeattle, Washington · King County
Seattle Mortgage Broker
A home you can picture. A mortgage plan you can understand.
Enrique Pelayo Jr, AMP, provides Seattle mortgage guidance through Mortgage Lending Group LLC, an independent mortgage broker based in Edmonds. Buying your first home, moving to a different neighborhood or reconsidering your current loan starts with the same conversation: what do you want your mortgage to help you accomplish? Work directly with Enrique to compare the options and understand the costs, in English or Spanish.
Enrique Pelayo Jr, AMP · Mortgage Loan Originator · NMLS #131435
Serving buyers and homeowners in Seattle, Bellevue, Shoreline, and Edmonds.
A CLEAR PATH. CONTINUED SUPPORT.
For your next move.
And the life after it.
Understand the decisions ahead and the support you can plan on along the way.
Before you commit
Discuss your goals
A comfortable payment, cash on hand, your timeline. We start with what matters to you.
Consider the options
Compare financing choices side by side, including keeping your current mortgage when that fits best.
Check costs & break-even
Look at fees, points and total costs over your timeline—not just the monthly payment.
Explore break-evenWhat to know
For a refinance or paid discount points, compare the upfront cost with the expected benefit and how long you plan to keep the loan.
From your decision to your first payment
Choose when to lock
Review pricing, lock length and extension costs against your closing date and comfort with rate changes.
What to know
A lock protects specified terms for a limited time, subject to its conditions. Timing cannot guarantee the lowest available rate.
Close with a clear picture
Review the final numbers and remaining steps together. Know what is due, when and to whom.
Follow up on payment one
Check your first due date, servicer details and payment setup so you know what happens after closing.
As your life and goals change
Build a savings routine
Explore autopay and optional extra-principal payments that fit your budget and could reduce interest.
What to know
Autopay alone does not reduce interest. Set it up with your servicer; confirm how extra payments reach principal, any fees or prepayment terms, and that the amount leaves room for your other priorities.
Revisit about every six months
Agree on a check-in to revisit your goals, current loan and available options—or reach out sooner when life changes.
What to know
A lower advertised rate is a starting point for a comparison. Include closing costs, the new loan term and break-even before deciding whether a change is worthwhile.
Your priorities lead.
We help you make the next decision.
Start with the home, then the loan
What matters when financing a home here?
Compare homes by the full monthly commitment
A Seattle condo and a detached home with similar asking prices can create different monthly budgets. Bring taxes, insurance, HOA dues and known assessments into the comparison. Your Loan Estimate explains estimated payments and closing costs; check which expenses you will pay separately.
CFPB: understand your Loan EstimateStart with the specific Seattle property
Have an address in Ballard, West Seattle or another neighborhood? Use King County's Parcel Viewer as a starting point for identifying the parcel. Bring the address to your financing conversation rather than relying only on a neighborhood price range. A map does not establish property condition, loan eligibility or permission to remodel.
King County Parcel ViewerKeep the home search and financing connected
If your search spans Seattle and Bellevue, keep a separate budget for each property and talk through the trade-offs before making an offer. Explore the Seattle homebuying guide for more local planning questions, then use this page to connect with Enrique about your own next step.
Seattle homebuying guideUnderstand the trade-offs
Which loan options are worth comparing?
Use these categories to organize your conversation. They are educational comparisons, not a list of guaranteed products or approvals. Enrique can discuss current lender availability for your circumstances.
Buying your next home
Start with a comfortable payment and cash reserve. Then compare loan terms, closing costs and the amount needed at closing.
Ask Enrique: What would the complete budget look like for this property?
CFPB: Loan Estimate explainerConforming or jumbo financing
The loan amount matters, not just the Seattle purchase price. Check the applicable King County limit, property unit count and program requirements.
Ask Enrique: Which loan category fits my planned down payment?
King and Snohomish loan-limit guideRefinancing with a purpose
Begin with the goal, then compare the costs, remaining term and expected holding period. Work through the break-even calculation before deciding.
Ask Enrique: What needs to happen for a refinance to make sense for me?
Refinance break-even guideUsing home equity
Consider how a HELOC or cash-out refinance would interact with the mortgage you already have, your repayment plan and your comfort with payment changes.
Ask Enrique: Which approach fits my goal without overlooking the existing loan?
HELOC vs. cash-out refinanceLoan limits and eligibility depend on the program, property location and applicable year. Confirm the current King County limit for your scenario, property type and unit count.
Put your own numbers to work
Turn an asking price into a planning conversation
Hypothetical Seattle purchase: an $800,000 home with a $160,000 down payment leaves a $640,000 base loan amount. The 20% down payment is only one part of the plan: allow for closing costs, prepaid items and cash you want to retain. This is an illustration, not an actual transaction, Seattle market-price estimate, rate quote or approval. Try your own assumptions in the offer scenario tool.
Questions before you get started
How can I reach a mortgage broker serving Seattle?
Use Ask Enrique to start a conversation with Enrique Pelayo Jr, AMP, NMLS #131435, through Mortgage Lending Group LLC. You can ask about a purchase, refinance or the options you are still exploring. Start with your goal and timeline; financial documents belong in the secure process provided later.
Where is Enrique's office?
Enrique serves Seattle-area buyers and homeowners from MLG's office at 123 2nd Ave S, Suite 230, Edmonds, WA 98020. You can begin remotely. This Seattle service page does not represent a separate Seattle office.
What does Enrique's AMP designation mean?
AMP stands for Accredited Mortgage Professional, a professional education designation from the Mortgage Bankers Association. Enrique's main profile explains his credential and mortgage experience. The designation does not guarantee a particular rate or loan approval.
Can we discuss my mortgage in Spanish?
Yes. Enrique provides mortgage guidance in English and Spanish. Tell him your preferred language when you connect so the conversation works for you.
What should I bring to a first conversation about a Seattle condo?
Bring the address, price, down-payment plan and any known HOA dues or assessments. Together, identify the property information and loan questions to resolve before moving forward. You do not need to have every answer before asking for help.
Can I compare an existing mortgage or another lender's offer?
Yes. Bring your questions and ask how to share your documents securely. Compare costs and loan terms together rather than focusing only on the advertised rate or monthly payment. A conversation can also help you decide that keeping your current mortgage is the appropriate next step.
For comparison help, see the CFPB's Loan Estimate explainer. Verify individual and company licensing through NMLS Consumer Access.
Your next step
You bring the questions.
Let's work through the options.
A first purchase, a different home or a refinance—start by telling Enrique what you want the financing to accomplish.
Connect with EnriqueUpdated October 4, 2026 · Mortgage guidance: Enrique Pelayo Jr, NMLS #131435. Content prepared with AI assistance for Mortgage Lending Group LLC.