First Mortgages

Are you looking for a mortgage? Whether you are buying a home or refinancing your existing mortgage to save money or get cash, the mortgage experts at Seattle Metropolitan’s Mortgage Center can help you get the right loan for you without the headaches of the typical mortgage process.

Seattle Metropolitan is a full-service mortgage lender with programs to suit all types of borrowers and all types of properties. We have:

  • Conventional fixed-rate mortgages with terms from 10 to 30 years
  • Adjustable Rate Mortgages (ARMs) with fixed rates for the first 3, 5, 7, or 10 years
  • Jumbo Loans up to $2 million depending on the loan to value (LTV) and purpose
  • VA Loans with no money down for qualified veterans
  • Home Possible Advantage® Loans: This program makes the dream of home-ownership possible with smaller down payments and lower income requirements, for those who qualify

How much home can I afford?

We also have undeveloped land loans, and floating home loans, as well as a host of other programs.

You get everything you love about Seattle Metropolitan in a mortgage. You get:

  • Helpful and knowledgeable Mortgage Center experts,
  • All the mortgage products you’ll find at the national lenders,
  • Great rates,
  • Lower fees and fewer hoops, and
  • The member-first focus you can only get at your credit union.

No matter what questions you have about borrowing for your new home or refinancing your current mortgage, you’ll get everything you love about your credit union at your Seattle Metropolitan Mortgage Center. We’re just a call or a click away.


Phone: (206) 398-5888

View Mortgage Rates Mortgage payment calculator

Apply online for a quick decision

When you are ready to apply for a home loan, you can do it online and get an answer fast, often within just a few hours. If you start the application and need to get more information to answer one of the questions, you can save the application and come back later to complete it.

Once you have completed the application and approval process, you have the option to go to any of our branch locations to sign your documents. We will bring your loan papers and a specially-trained lending professional to whichever location is most convenient for you and have you on your way as quickly as possible.

Apply Now 

Real Estate Services 

SMCU Real Estate Services — a better way to buy or sell your home

We’ve partnered with independent, certified real estate agents to help you through every step of the process when buying or selling your home. Although you must enroll and be a member of SMCU, the service is free!

 

Why enroll?

  • The home buying and selling process can be complicated, and we’re here to support you with personalized service—answering questions, helping you avoid pitfalls, understanding the fine print, and anything else you need.
  • You’ll have access to a select group of real estate professionals and member advocates who provide proven, exceptional service.
  • Whether you’re buying or selling, you’ll get a 20 percent cash rebate on the real estate agent’s commission after closing to use for anything you choose, be it a home improvement or that great vacation you’ve always dreamed about.
  • After you've bought your home using an SMCU Real Estate Services agent, you’ll get help settling in, including setting up your utilities, a free home security system, and discounts at retailers like Home Depot. 

Enroll Here

 

Real Estate Services are provided by Prime Alliance Real Estate Services, LLC. Prime Alliance is not an owner or subsidiary of Seattle Metropolitan Credit Union. Certain restrictions apply. Offers subject to change without notice.

Why should you get your Mortgage from SMCU?

Speech Bubble

"We worked with Keith Hile and Vickie Atkins and I could not be more satisfied. Despite the length of time, Keith was continuously responsive and helpful at every step, often well after 5 PM. I always knew where we were in the process and what was coming next. Vickie worked very hard to get the three refis correct and balanced them out so we were not out of pocket any money."

 

- Marco L.

 

"We really appreciated the great experience you provided for our mortgage loan. Your communications were timely. You led us through the process step by step. And you were so fast in getting the process completed! It was really refreshing to work with you."

 

- Joel & Chris

Seattle Metropolitan Mortgages

Buying a New Home

Choosing the right mortgage lender, like choosing the right real-estate agent, can be the difference between spending the next 30 years building a life in your dream home and struggling with a not-so-charming fixer-upper and a payment that makes your monthly budget a nightmare.

When you work with the Mortgage Center at Seattle Metropolitan Credit Union, we’ll help you answer your important questions, like:

  • How much can I afford?
  • What kind of down payment do I need?
  • Which mortgage product is best for me?

Our mortgage pros will review your individual needs and find the product and payment that works for you now and for as long as you own your home. We’ll help you get your loan in order, so you can present the best offer on a home you’ll love.

Apply Now

21-Day Closing Guarantee*

Free, Fast Pre-Approvals

Having a pre-approval can be the difference between having the winning offer on your next house and watching some other family move into your dream home. Before you start shopping, talk to our Mortgage Center Pros and see how much home you can afford.

You can have an answer in just a few days, and Seattle Metropolitan doesn’t charge pre-approval fees like some other lenders.

Refinance with SMCU

Refinancing an Existing Mortgage

Did you know that you can save hundreds of dollars a month by refinancing your existing mortgage to a lower rate? A lower monthly payment can give you means to pay your home off much sooner or free up your monthly budget to save for retirement, pay for a child’s education, or take a much needed vacation.


To find out whether refinancing makes sense for you, contact a Seattle Metropolitan Mortgage Center professional at (206) 398-5888.


Apply Now

Save on Closing Costs

Save on Closing Costs

Because Seattle Metropolitan Credit Union is a not-for-profit cooperative, our loan fees are much lower in comparison to other mortgage lenders.

  • No Pre-Approvals Fee
  • No Underwriting Fee

Rates

 

Auto Loans as low as*

 

1.49%APR

Certificates as high as*

 

2.02%APY

Checking as high as*

 

6.14%APY

Credit Cards as low as*

 

7.99%APR