BUY · REFINANCE · PLAN YOUR EQUITY
Mortgages in King County
Buying in Seattle, comparing homes on the Eastside, or refinancing in South King County? Start with the property and your full monthly budget, then compare loan options on the same assumptions.
Shopping in the city? Start with our Seattle mortgage broker guide for lender comparisons, buyer programs and payment examples.
Guidance with Enrique Pelayo Jr, AMP · NMLS #131435 · English & Spanish
MORE THAN TWO DECADES OF EXPERIENCE
Enrique Pelayo Jr, AMPFounder of Mortgage Lending Group LLC. Personal guidance for home purchases, refinancing and equity decisions, in English and Spanish. Serving Seattle and nearby communities from Edmonds.
NMLS #131435 · Mortgage Lending Group LLC · CL-1157983
What does the AMP designation mean?
AMP stands for Accredited Mortgage Professional. The Mortgage Bankers Association awards this designation to graduates of its three-course School of Mortgage Banking. It represents additional professional education in the mortgage business.
That education complements Enrique’s hands-on experience explaining costs, choices and the mortgage process. The designation is separate from a state license and does not guarantee approval or a particular rate.
View Enrique’s AMP credential ↗ · MBA program requirements ↗Explore city guidance in King County
Mortgage planning in the communities we serve
Choose the area where you are shopping for a useful starting point. Your property, budget, and eligibility determine the right next steps.
Seattle & North King County
Seattle, Shoreline, Lake Forest Park, Kenmore, and the King County portion of Bothell
Comparing a condo, townhome, and detached home?
Build a separate payment estimate for each property. Add its actual HOA dues, insurance estimate, and taxes before comparing prices. Ask whether the property is legally a condominium: its ownership structure and project review can matter even when it looks like a townhome.
Compare complete monthly payments →Eastside & Snoqualmie Valley
Bellevue, Redmond, Kirkland, Sammamish, Issaquah, Mercer Island, Woodinville, Newcastle, Snoqualmie, and North Bend
Check the loan amount before choosing a loan category
When comparing down-payment options, subtract each proposed down payment from the purchase price. Use that loan amount—not the asking price—to check the current county conforming limit. Ask for a comparison of eligible conforming, high-balance, and jumbo options, including reserves and closing costs.
Check King County loan limits →South King County
Renton, Kent, Federal Way, Burien, SeaTac, Tukwila, Des Moines, Covington, Maple Valley, and the King County portion of Auburn
Keep cash to close separate from your down payment
Compare homes using a cash plan that includes the down payment, lender and settlement costs, prepaid expenses, and a reserve for moving and repairs. Before relying on assistance, confirm property location, borrower eligibility, funding, and any repayment terms with the program and lender.
Plan your down payment and closing cash →Start with King County’s property record
Use King County Parcel Viewer to locate the address or parcel and open the linked property report. Confirm the parcel’s county and property details, then get current tax and insurance figures for your payment estimate. Auburn spans King and Pierce counties, and Bothell spans King and Snohomish: a mailing-city name alone does not identify the county.
King County Parcel Viewer ↗Planning a first purchase? Understand assistance and cash-to-close tradeoffs and explore WSHFC Home Advantage, then explore Washington assistance and loan-limit guides. Program availability and eligibility must be confirmed before you rely on assistance.
Refinance and home equity planning in King County
For a Seattle or Eastside refinance, compare the existing loan’s remaining term with the proposed new term. For a move within King County, estimate sale proceeds and purchase cash separately before deciding whether to refinance first. A smaller monthly payment alone does not show whether the new loan costs less over your expected time in the home.
How do I compare mortgage rates here?
There is no single rate that applies to every borrower in a city. Start with your purchase or refinance scenario and compare the same loan amount, product, term, and lock period. Check points and lender credits as well as the monthly payment; get updated pricing before making a decision.
The CFPB’s loan-offer comparison guide explains how to request and review Loan Estimates. Bring yours to Enrique for a comparison of the costs and tradeoffs.
What should I bring to our first conversation?
Your target price or current mortgage balance, approximate down payment or equity, comfortable monthly payment, property location, and timing are enough to begin planning. Your loan officer will explain which income, asset, and property documents are needed for an application. Use the secure application portal for sensitive documents.
Ask Enrique with Enrique →Educational planning guidance, not a loan offer or approval. These communities are service areas; no office in each city is implied. Mortgage origination services through Mortgage Lending Group LLC Licensing and professional background.
Also exploring Snohomish County? →