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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Washington
  4. Seattle
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Seattle, WA

How much house can you afford in Seattle? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Seattle

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Keith Akada - Mortgage Reel

Verified

Known for fast closings and clear communication, Keith Akada - Mortgage Reel specializes in first-time buyer programs and relocation financing across the Seattle metro area. The team offers FHA, VA, Conventional loans, and investor-friendly options while guiding clients through a straightforward mortgage process. Customers appreciate their responsiveness and helpful education throughout.

Services & Prices
Purchase $0
Refinance $0
Investment and Rental mortgages $0
Rate & Term to Lower Rate & Payment $0
View Profile
(206) 601-3426
Open 8:00 AM - 7:00 PM
600 Stewart St Suite 400
General Services
Mortgage Broker
2

Mike Hermsen - Westlake Mortgage NMLS#2127593

Verified

Westlake Mortgage offers fast, straightforward mortgage brokerage services with upfront quotes provided within 24 hours. The team assists borrowers with purchases and refinancing for all property types, including new construction and older homes. Customers appreciate their clear communication, persistence through challenges, and quick closings.

Services & Prices
Home Purchase Loan, Cash-Out Refinance, VA Loan)
Rate Reduction, Equity Loan, Conventional Refinancing)
Pre-Approval, Application Processing, Credit Counseling)
View Profile
Open 8:00 AM - 7:00 PM
1500 Westlake Ave N Suite 112, Seattle, WA 98109, USA
General Services
Mortgage Services
3

Julie Johnson, Johnson Team @ CrossCountry Mortgage Seattle

Known for clear communication and a smooth mortgage process, the Johnson Team at CrossCountry Mortgage offers a variety of loan options including conventional, jumbo, and government-backed programs. Customers appreciate their responsiveness and personal support throughout each step, though some note the process requires timely document submission to keep things moving.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
Standard Pre-approval Quoted per loan
View Profile
(206) 769-6031
Open 7:00 AM - 10:00 PM
1000 Dexter Ave N # 310, Seattle, WA 98109, USA
General Services
Mortgage Services
4

Westwood Mortgage, Inc.

Westwood Mortgage’s licensed loan originators bring an average of 15 years’ experience to helping clients find mortgage loans for purchase and refinance. The team handles each loan from start to finish, offering clear communication and responsiveness that many customers appreciate, even during complex or time-sensitive transactions.

Services & Prices
Home Loan Quoted per loan
Mortgage Refinance Quoted per loan
VA Loan Quoted per loan
Standard Pre-Approval Quoted per loan
View Profile
(206) 526-2602
Open 8:30 AM - 5:00 PM
9706 4th Ave NE #205, Seattle, WA 98115, USA
General Services
Mortgage Services
5

Salmon Bay Community Lending

Salmon Bay Community Lending focuses on responsible homeownership with personalized mortgage loans designed to fit each client’s lifestyle and finances. Their team offers clear communication throughout the process, including helpful updates and thorough explanations. Customers appreciate their responsiveness and the supportive, informative approach, especially for first-time buyers.

Services & Prices
First-Time Homebuyer Loans Quoted per loan
Conventional Loans Quoted per loan
VA Home Loans Quoted per loan
Home Refinance Quoted per loan
View Profile
(206) 789-8629
Open 9:00 AM - 5:00 PM
7919 Greenwood Ave N, Seattle, WA 98107, USA
General Services
Home Loan Services
Where they are 10 on the map Click a pin for the profile and directions
6

Seattle's Mortgage Broker - Joe Tafolla

Seattle's Mortgage Broker specializes in a wide range of loan programs, including low-down mortgages and 90% LTV cash-out refinances. The team is known for clear communication and quick responses, helping many first-time buyers and those with complex income navigate the process smoothly. Some clients note occasional lender-side delays but appreciate the team’s steady support throughout.

Services & Prices
Home Loan Quoted per loan
Refinance Loan Quoted per loan
Pre-Approval Quoted per loan
Credit Improvement Advice Quoted per loan
View Profile
(206) 251-0818
Open 8:00 AM - 8:00 PM
506 2nd Ave #1400, Seattle, WA 98104, USA
General Services
Mortgage Brokerage
7

Jeff McGinnis at CrossCountry Mortgage, LLC

CrossCountry Mortgage offers a wide range of loan programs, including conventional, jumbo, and government-insured options tailored to diverse homebuyers. The team stays closely connected from application through closing, with many clients appreciating their clear communication and efficient process, though some prefer more digital document handling.

Services & Prices
Online Application Portal (Included with Loan Services) Quoted per loan
Real-Time Loan Tracking (Included with Loan Services) Quoted per loan
View Profile
(206) 283-5626
Open 8:30 AM - 5:00 PM
1000 Dexter Ave N # 310, Seattle, WA 98109, USA
General Services
Loan Software and Technology
8

NWF Mortgage

NWF Mortgage offers access to a powerful mortgage rate search engine, connecting clients with over 20 top lenders to find the right loan product. The team provides mortgage financing and refinancing services, with many customers noting their responsiveness, professionalism, and smooth closing process. Communication is available 24/7 via WeChat, phone, and email.

Services & Prices
Home Purchase Loans Quoted per loan
Refinance Loans Quoted per loan
Pre-Approval Services Quoted per loan
Rate Lock Options Quoted per loan
View Profile
Open 8:00 AM - 11:00 PM
5034 48th Ave NE, Seattle, WA 98105, USA
General Services
Mortgage Services
9

Academy Mortgage

Academy Mortgage focuses on helping families achieve sustainable homeownership, emphasizing a culture that values people over paperwork. The team assists with home purchases and refinancing, often navigating complex situations with clear communication and flexibility. Customers appreciate their responsiveness and the personal attention throughout the process.

Services & Prices
Home Purchase Loan Quoted per loan
Refinancing Quoted per loan
FHA Loans Quoted per loan
View Profile
(425) 322-3395
Open 8:00 AM - 5:00 PM
412 Broadway Suite Apt.101, Seattle, WA 98122, USA
General Services
Home Financing
10

Blue Square Mortgage LLC

With over 25 years of experience, Blue Square Mortgage specializes in helping Washington homebuyers find mortgage options that offer real savings. The team provides clear guidance throughout the loan process, staying accessible from start to finish. Customers appreciate their thorough communication and willingness to address complex situations with patience.

Services & Prices
Home Purchase Loan Quoted per loan
Refinancing Quoted per loan
Investment Property Loan Quoted per loan
View Profile
(206) 472-1796
Open 6:00 AM - 8:00 PM
4212 33rd Ave W, Seattle, WA 98199, USA
General Services
Mortgage Brokering

Latest reviews of Seattle Mortgage Brokers

Written on TrustAnalytica by clients of the businesses in this list

Seattle Mortgage Statistics

Home-purchase lending in King County and home costs in Seattle, WA (latest HMDA and Census data)

Lenders made 21,413 home-purchase loans in King County in 2025 (average about $841,000) and denied 1,927 — 8% of decided applications, compared with 9% across Washington, according to federal mortgage data (HMDA, CFPB). In Seattle, the median home is worth $938,600 and 71% of owners have a mortgage, paying a median $3,505 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
21,413▼ 1%21,585 in 2024
Denial rate
8%WA 9%
Median home value
$938,600WA $564,600
Monthly cost with a mortgage
$3,505median · WA $2,445
Refinance loans made (King County, 2025)
13,874 · 8,176 in 2024
Home-improvement loans made (2025)
4,335
Average home-purchase loan
$841,000 (WA $564,000)
Owners with a mortgage
71% · 25% of them spend 30%+ of income on housing
Median household income
$123,860 (WA $98,141)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in King County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Seattle Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Keith Akada - Mortgage Reel 5.0 339 — (206) 601-3426 Visit
2 Mike Hermsen - Westlake Mortgage NMLS#2127593 5.0 37 — — Visit
3 Julie Johnson, Johnson Team @ CrossCountry Mortgage Seattle 5.0 99 Quoted per loan (206) 769-6031 Visit
4 Westwood Mortgage, Inc. 4.9 100 Quoted per loan (206) 526-2602 Visit
5 Salmon Bay Community Lending 5.0 93 Quoted per loan (206) 789-8629 Visit
6 Seattle's Mortgage Broker - Joe Tafolla 5.0 83 Quoted per loan (206) 251-0818 Visit
7 Jeff McGinnis at CrossCountry Mortgage, LLC 5.0 80 Quoted per loan (206) 283-5626 Visit
8 NWF Mortgage 5.0 69 Quoted per loan — Visit
9 Academy Mortgage 5.0 58 Quoted per loan (425) 322-3395 Visit
10 Blue Square Mortgage LLC 4.9 52 Quoted per loan (206) 472-1796 Visit

How this Seattle mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Washington rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.74% of the home's value a year, the Washington average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the Seattle mortgage affordability calculator work?
It estimates the highest home price you can afford based on income, debts, down payment, and interest rate. It includes monthly payment, PMI, and property tax.
What is the debt-to-income ratio for mortgages in Washington?
Lenders typically cap housing costs at 31% of gross monthly income and total debt at 43%. Some loans allow more with strong credit.
What's the minimum down payment for a Seattle home?
First-time buyers need at least 3% down for conventional loans and 3.5% for FHA loans. VA and USDA loans may allow 0% down.
How does PMI affect my mortgage in Washington?
Under 20% down, conventional loans add PMI, about 0.6% of the loan annually. It can usually be removed once the loan balance is below 80% of the home's value.
How do interest rates impact how much house I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates start at 7.40% in this calculator, changing weekly.
How do existing debts affect my mortgage eligibility?
Higher monthly debts reduce the mortgage amount you can qualify for, as lenders consider total debt payments in their calculations.
What are property taxes like in Seattle?
Property tax in Washington is about 0.74% of the home's value annually, based on 2024 averages for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, giving a more accurate estimate. Pre-qualification is a preliminary assessment.
How can a mortgage broker help me in Seattle?
A mortgage broker can guide you through the mortgage process, helping find suitable loan options and rates based on your financial situation.

General information, not financial advice — consult a qualified professional.