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Loan Options

There are a lot of different loan options out there, but we want to make sure you get the best possible loan for your situation. That's why our loan officers do their research and find the best loan for you. We offer the following options for both loans and refinancing. If you still can't find what you're looking for, contact us today!

  • Conventional

  • Jumbo

  • Fixed Rate

  • Adjustable Rate

  • ​VA

  • FHA

  • Poor Credit

  • Stated Income


A conventional home loan is also called a "conforming" home loan. This is because it conforms to the conventional loan limits set and guaranteed by Fannie Mae and Freddie Mac. The are common simple loans and are a good option for most homebuyers.


Qualifying veterans, service members and surviving spouses may apply for VA loans. With a VA loan, you could pay zero down on a new home. In addition, no income is required. These loans, make applications simple and are great for refinancing .


FHA loans are backed by the Federal Housing Administration and have down payments as low as 3.5%. They are ideal for first-time homebuyers, but are open to a broad range of applicants. Refinancing FHA loans is a simple and elegant option.


Loans which do not conform to the Fannie Mae and Freddie Mac limits are classified as jumbo loans. A jumbo loan is what you need if you require financing that exceeds the limits for conventional loans. Blue Square Mortgage can assist in you jumbo loan or jumbo refinance.

Fixed Rate

These are loans which have a fixed interest rate for the lifetime of the loan. With a fixed rate loan, there is less financial uncertainty. If interest rates in the area rise, you can rest assured that your interest rate will not. The loan will remain as affordable in the future as it is now


Adjustable rate mortgages are often known by their acronym, "ARMs." These types of loans have an initial fixed interest rate for a set period of time, and a rate which is adjustable after the introductory period expires. Adjustable loan's initial low rates are a good way to go if you're looking for a loan with an initial low rate.

Poor Credit

You do not need perfect credit to buy a home. We understand that everyone has a need to get a home loan. Blue Square Mortgage offers competitive rates and terms to customers in a variety of financial situations.

Stated Income

For those who are self-employed, invest in real estate, or for other reasons cannot present a W-2 as proof of income, as stated income loans offers a streamlined and flexible alternative application process.


If you aren't sure what loan type you qualify for, call today to speak to our qualified mortgage experts.




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4212 33rd Ave W 

Seattle, WA 98199

(206) 889-5229


NMLS# 111438

NMLS Consumer Access

© Copyright 2020 - Blue Square Mortgage. All rights Reserved · Privacy Policy

Blue Square Mortgage is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.