Current Washington Mortgage Rates
Quick Mortgage Definitions / Terms / Facts
May I pay additional points to reduce my interest rate?Yes, you may pay additional points to lower your interest rate. During the application process, you will select what rate and fees you would like.
Is a Fixed Rate mortgage better than an Adjustable Rate mortgage?
The answer to this question depends on your situation. Many people prefer fixed rate mortgages with the low rates available today. If you are going to stay in your home for a short time, an adjustable rate may make more sense. Very popular options offered exclusively through zionmortgages.com are ARMs. These loans provide the security of a fixed rate loan and the lower rate benefits of an ARM. When you select your loan preferences, we will recommend the loan best suited for your needs.
First Steps to Getting a Mortgage?
Get a Free Credit Report!The first step to getting a mortgage is to know your credit score. Understanding your credit report is a critical part to getting your mortgage. Raise your score while you shop for your home to get the lowest rate at closing, with a few easy steps you can easily raise your score in within a few months.
