VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (2024)

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (1)

Claire Nelson

20:31 02 Dec 23

Called Michael Peacore to see if I was qualified for a home loan- he was very attentive to my needs and made so much time for me. He was prompt with the information provided and I will definitely use him with any questions or business moving forward. Thanks so much Mike.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (2)

Douglas Aho

18:19 16 Oct 23

Mike has proven invaluable in my first-time home-buying experience. I've had many questions about many aspects of the process, and he's always been ready with an answer. He is prompt, informative, and resourceful. If and when I do this crazy, property-purchasing ritual again, it'll be him I message.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (3)

Henry Yates

01:50 28 Aug 23

Mike Peacore and Blue Square Mortgage were great. The current process for obtaining a mortgage is daunting with increasing additional scrutiny from lenders amid a rising interest rate environment. Mike was with us all the way through the process, pointing out ways in which we could speed the process and save money through it all. He was always available, even nights and weekends and worked diligently to get us answers to questions we asked. I highly recommend Mike and Blue Square and if I ever need another mortgage, will call on him. He provides the sort of customer service you don't see anymore. He is fantastic!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (4)

Andrew Steelsmith

20:31 07 Aug 23

We had a great experience working with Mike, and successfully completed a cash-out refi under less than ideal circ*mstances. He was communicative and professional, and rolled with the punches as we trudged through this while giving birth to our second kid. So far, Mike is the best mortgage lender in Seattle that we’ve worked with.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (5)

Bob Enkeboll

02:55 28 Jun 23

I contacted Mike for advice on refinancing my mortgage and found him extremely knowledgeable and helpful. He responded quickly and answered my questions and concerns in a clear and straightforward manner. He was very easy to talk with and I feel very confident in his advice and recommendations. I definitely recommend him for your mortgage needs.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (6)

Amanda Wolff

18:45 11 Apr 23

Mike Peacore is the most helpful person I have ever met. We were first time home buyers in 2020 and Mike talked us through everything. He would send us a document and instead of us reading through it alone, he would call us and go through it together. Every step was so easy with Mike. When we were confused about anything or had questions Mike was there with an answer or the connections to find the answer. AND...This week 3 years after we bought our home, we had questions about our escrow and property taxes. We called Mike and a problem we dealt with for over a year was settled in a few hours because Mike is that good. He is kind, helpful, resourceful, and even gave me a recipe when I told him I liked to bake but am newly GF. He is just an amazing person, and your home buying experience will be smooth sailing if you use Mike at Blue Square Mortgage.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (7)

Dylan Mehrer

16:10 16 Mar 23

Mike guided me through the process of buying my first home, and made it easy. He was able to share his knowledge in a way that was easily understandable for someone like me who didn't know where to start.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (9)

Megan Maner

14:14 01 Feb 23

Mike was very knowledgeable and kind about the homebuying process. He slows down and communicates such a complex process in a way that the average person can understand. Home Buying can be very stressful, but with Mike helping you a lot of that stress is taken away! Highly Recommend his services :)

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (10)

MA Hubbard

19:41 30 Aug 22

Mike with Blue Square, a really great communicator, ushered us through a long process to qualify for a mortgage loan and we couldn’t be happier with the outcome and his responsiveness and patience. Thank you Mike!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (11)

Jason McGriff

21:59 26 Aug 22

Mike is 100% the person you want to go too for your mortgage needs. I had a tough lending situation and he did not stop working on my case until he was able to resolve my lending requirements. He will dig in and research for the best mortgage options for your specific situation and needs. I love to work with someone like Mike. He really put forth time and effort as if he was getting himself a mortgage. 5 stars for Mike all day.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (12)

Kevin Thruelsen

21:50 18 Aug 22

I've worked extensively with Mike for years now, first as an aspiring loan officer, now as a new homeowner. In no uncertain terms, the experience and savings Mike passes on to borrowers is unparalleled. He's a one stop shop w/decades of experience which allow him to craft not only the right product for your situation, but package it such that it gets through underwriting quickly and smoothly. This is the guy you want on your team, believe me.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (13)

Emily Wing

23:00 05 Aug 22

We refinanced our mortgage with Mike and recommend him highly! He found us by far the best rate around, and walked us through every step of the process in a friendly and accessible manner. He explained things to us when needed, and was always thinking a step ahead to make sure the process went smoothly and there were no surprises. We feel lucky to have worked with him. Thank you, Mike!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (14)

Edrienne Chan

03:49 08 Jun 22

Mike was super helpful in my quest for more understanding of real estate investment. Extremely informing and really wanted to educate. He listened well, and although my needs cannot be met at this lender, he was still happy to help. Very grateful to have given him a call

I have worked with Mike as a lender for several years. Our partnership with buyers, Mike as the lender and myself as the REALTOR are 100% successful and the buyers are consistently thrilled with results. Mike works hard to get the best rate possible for the buyers, helps educate everyone on market knowledge and helps make the process go smoothly from start to closing. The buyers that I work with appreciate having as much market information as possible - I find this is a great approach to helping buyers feel confident to find the best home for their housing needs/wants. I look forward to many more successful transactions with Mike!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (16)

Anton Cauthorn

01:41 14 May 22

Mike did an amazing job helping me set up a loan to purchase my home. Mike had a personal touch and it felt like I had someone on my team helping me the entire time. He got me a lower rate than the other lenders I was looking at going through and he made the whole process simple and easy. The best part was that we ran into a number of complications along the way and Mike worked hared to find solutions every time to make things work out smoothly. I highly recommend Mike and feel lucky to have found him to work with on my loan.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (17)

Danny Yang

17:51 11 May 22

I had a smooth experience with Mike as a first time homebuyer. He walked me through the process and explained everything and made sure I understood it all. Made the entire process a lot easier and less intimidating than I thought it was going to be.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (18)

Dan Hoffman

00:51 11 May 22

Mike helped me close on a very complicated loan and I would gladly use him again. He went above and beyond to guide us through the process and made sure I was informed every step of the way. If you work with Blue Square Mortgage you will receive as much assistance and guidance as you like up to and through closing. Thanks for your help Mike!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (19)

Martin Monteblanco

02:56 11 Apr 22

Mike was super helpful with the process of buying our first home .Definitely recommend for any first time home buyers .

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (20)

Lucio Maldonado

23:05 21 Mar 22

Mike was excellent and extremely professional. I did not end up going with him, as he told me candidly when he could not beat a competitor's rate, and therefore told me to go with the competitor. Very refreshing. Thanks a lot, Mike.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (21)

Kathy Hattori

22:14 03 Dec 21

This is our second time working with Mike and we could not be happier. Mike is personable, ethical, professional and absolutely knows his stuff. We had a wish list for our refinance (lower payments and interest rate plus funds to renovate) and he accomplished everything we wanted so we're thrilled. Mike's a treasure. Work with him.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (22)

Kristin Gardner

17:35 03 Dec 21

Mike is an extremely professional and knowledgeable person to work with. He has assisted me in several different scenarios and because of his help I have been able to make an informed and beneficial decision. I cannot recommend working with him enough! He is thorough and quick with his work and utilized excellent resources to get the best results and answers for his customers. We will definitely be return and repeat customers.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (23)

Kristen Weber

19:35 17 Nov 21

I could not be happier with the rate and service that we got from Mike Peacore. He is super straight forward and gave us the best rates. He is very responsive and personable. I would highly recommend him.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (24)

Rosemary Le

06:51 23 Oct 21

As a first time home buyer, I really appreciate how transparent and patient Mike was. Even before he knew that I would choose him as my mortgage broker, he was willing to walk me through every single aspect of the home buying process and let me know what to expect from other brokers/lenders. I specifically told him to give me all the details, keep track of all of the milestones/deadlines, and provide frequent reminders. At first the information he provided was a little overwhelming, but he understood that I would ask a lot of the same questions down the road. The process went very smooth and even on signing day he offered to be there in person with me since my realtor was on vacation. In summary, I really appreciated the transparency, how he was never pushy for my service or if he needed anything from me, the clear and detailed information he provided, and the friendly and patient service that I received.

Mike, thank you so much for guiding me through the process of refinancing my investment property. I certainly would have been lost without you. If the situation arises, I will highly recommend you to others. Your expertise, advice and timely communication kept my anxiety levels low. I am extremely happy with the outcome.Sincerely,Emelie MJ

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (26)

Stefan Muehleis

18:26 17 Sep 21

I refinanced with Mike and everything went very fast, smooth and flawless.Not to mention that I got the best rate out there. Excellent job!!!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (27)

Leon Liu

22:40 03 Jun 21

Mike helped us to close a refinance process effectively:- Mike identified a good program for our rental property. We managed the entire process remotely.- Refinance closing was fast. Faster than our new purchase loan earlier this year.- Great communication, very responsive and accurate.- Would recommend to friends and work with Mike again.

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (28)

Mark Kilcup

23:43 26 Jan 21

Duncan Wray was an absolute professional to work with during this process. They had a super competitive rate and were able to work with the VA on my refi. I recommend Duncan and his team!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (29)

Scott Matlock

23:01 23 Dec 20

Max at Team Blue Square was extremely helpful and positive during my entire refinance process. We had a few hurdles along the way, but he was always positive and super responsive to all of my questions. Not only did he lock me in at a great rate, but I was continually impressed by his knowledge and accommodating attitude. He was a true professional, and you can tell he truly cares about customer service. Couldn't be happier with how everything turned out. 5-stars!!!!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (30)

Tamara Atkins

17:03 01 Sep 20

This was our 3rd time financing/refinancing with Mike Peacore. As always, he was so professional, expedient, and helpful. Everything went smoothly with Mike guiding the process the whole way to closing. Have referred him to many friends!

VA Mortgage Loans in Seattle 98199 | Washington Veteran Home Loan (2024)

FAQs

What is the VA loan limit in King County WA? ›

What is the VA Loan Limit in Washington? The VA loan limit for most counties in Washington is $766,550. The three exceptions are King County, Pierce County, and Snohomish County where the loan limit is $977,500 for a single-family home.

What credit score do you need for a VA home loan? ›

VA lenders typically require a FICO score of at least 620. High loan amounts, such as those exceeding $1 million, may require a higher credit score. Some lenders may approve lower scores, but it's common for these borrowers to face additional financial scrutiny and requirements.

How to get the lowest VA mortgage rates? ›

How to get the best VA loan rate
  1. Check your credit score. While VA lenders aren't as strict as other types of lenders, a score above 620 gives you the most options.
  2. Shop around. While all VA loans are backed by the VA, individual lenders offer mortgages. ...
  3. Check out lender reviews.

Do veterans get VA home loans? ›

VA helps Veterans, Servicemembers, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

Who pays closing costs on a VA loan? ›

Who pays closing costs on a VA loan? The buyer will be responsible for paying the closing costs charged by whichever mortgage lender they choose. The seller may decide whether or not to pay some of the buyer's closing costs.

How large of a VA home loan can I get? ›

State VA Loan Limits in 2020
State:Loan Limits Starting At:Link:
California$510,400See all California loan limits >>
Colorado$510,400See all Colorado loan limits >>
Connecticut$510,400See all Connecticut loan limits >>
Delaware$510,400See all Delaware loan limits >>
47 more rows

Are VA loans hard to get approved? ›

According to HMDA data, 12.93% of VA loan applications received a denial in 2022, compared to 17.29% of FHA loans and 17.9% of conventional loans. While not uncommon, many scenarios may be preventable. Here are the most common reasons VA loans get denied and how you can prevent heartbreak during the homebuying process.

How long does VA loan approval take? ›

How long does the VA home loan process take? The whole process typically takes less than a month, from preapproval to the closing table. Once you have prequalification for your VA loan, you can start the next step in the VA home loan process — house hunting!

What is the VA loan limit for 2024? ›

About VA Loan Limits

VA loan limits received a massive increase in 2024. The standard VA loan limit in 2024 is $766,550 for most U.S. counties, increasing from $726,200 in 2023. VA loan limits also increased for high-cost counties, topping out at $1,149,825 for a single-family home.

What is the VA interest rate right now? ›

Today's VA Refinance Rates
VA Refinance TypeInterest RateAPR
30-Year VA Cash-Out Refinance6.750%7.140%
30-Year Streamline (IRRRL) Refinance5.750%6.035%

Do VA loans require a down payment? ›

The VA funding fee is a one-time payment that the Veteran, service member, or survivor pays on a VA-backed or VA direct home loan. This fee helps to lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn't require down payments or monthly mortgage insurance.

Do veterans get better loan rates? ›

Lenders tend to charge lower rates for VA loans than they do on conventional loans, which means you can save a lot of money on interest in the long run, especially over a 30-year loan.

What are the negatives of using a VA loan? ›

What are the Disadvantages of a VA Loan?
  • Zero Down May Mean Less Equity in Your Home. ...
  • VA Loans Cannot be Used for Vacation or Rental Properties. ...
  • Sellers May be Hesitant About VA Financing. ...
  • The VA Funding Fee is Higher for Subsequent Use. ...
  • Not All Lenders Offer – or Understand – VA Loans.

What fails a VA home inspection? ›

A VA appraisal may fail if the property does not meet the VA's MPRs. Some common reasons for a failed VA appraisal include the following: Structural issues: Significant structural problems, such as foundation issues, severe cracks, or unstable construction, can result in a failed appraisal.

Can I get a VA loan if my father was in the military? ›

The Bottom Line. Children cannot use their Veteran parent's VA loan benefits, but it's not impossible for a Veteran or their surviving spouse to assist their child through a joint VA loan. Doing so can be challenging, so it's best to contact a Veterans United VA loan expert at 573-876-2600 to discuss your options.

What is the conforming loan limit in King County WA 2024? ›

In 2024, the conforming loan limit for most counties in the state of Washington is $766,550. Homes in Seattle area counties (King, Pierce and Snohomish) are more expensive on average so the conforming loan limit in these locations in 2024 is $977,500. This means any loan above these amounts is considered a jumbo loan.

Will VA loan limits increase in 2024? ›

VA loan limits received a massive increase in 2024. The standard VA loan limit in 2024 is $766,550 for most U.S. counties, increasing from $726,200 in 2023. VA loan limits also increased for high-cost counties, topping out at $1,149,825 for a single-family home.

Is there a cap on a VA loan? ›

While there used to be loan limits for all VA loan borrowers, this hasn't been the case since 2020. Now, eligible military borrowers with full entitlement — that is, no other active VA loans — have no loan limit set by the VA.

What is the maximum lot size for VA loan? ›

VA does not limit the number of acres a VA-guaranteed property may have. The appraisal of properties with acreage should not pose a problem, as long as similar properties in the area were recently sold primarily for residential use.

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