Eric Engelland

Sr. Loan Officer  |  Truth Seeker |  Northwest Native
Eric Engelland picture in blue

Eric is a lifelong resident of the Pacific Northwest where he’s been serving homebuyers and the real estate community as a professional mortgage banker for the past 25 years. He loves living in Gig Harbor with his wife of 23 years and their three daughters. Eric graduated from the University of Washington with a degree in finance. Outside of work Eric spends his time being active outside, hanging with family and friends, volunteering at his church, reading and writing.

About Upwell Eric says, “Upwell is truly innovative. Our team is pushing the envelope on delivering low rates and using next gen technology to make mortgage quick, simple and inexpensive. No other Pacific Northwest mortgage bank is doing what we’re doing; it’s not even close.”

253.377.8606  |  NMLS# 72324 |  State License
5 blue stars depicting customer reviews

30-Year Fixed

98.875
3.750
3.843
Lender Fees:
Discount Points:
0.500%
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
100
4.000
4.053
Lender Fees:
Lender Credit:
($1406)
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
*Income restrictions apply

15-Year Fixed

98.875
3.125
3.382
Lender Fees:
Discount Points:
1.125%
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
100
3.625
3.718
Lender Fees:
Lender Credit:
($938)
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
*Income restrictions apply

30-Year FHA

98.875
3.125
4.261
Lender Fees:
Discount Points:
1.125%
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
100
3.500
4.540
Lender Fees:
Lender Credit:
($982)
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0

30-Year VA

98.875
3.250
3.543
Lender Fees:
Discount Points:
0.750%
Admin Fee:
$0
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
100
3.500
3.734
Lender Fees:
Lender Credit:
($512)
Admin Fee:
$0
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0

30-Year Jumbo

98.875
3.625
3.729
Lender Fees:
Discount Points:
1.000%
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
100
4.000
4.023
Lender Fees:
Lender Credit:
($1250)
Admin Fee:
$1,295
Credit Report:
$0
Processing:
$0
Underwriting:
$0
Doc Prep:
$0
Funding:
$0
Tax Service:
$0
Rates as of:
7:07AM Pacific Time on November 13th, 2019

Calculate Your Mortgage Payments

See what your mortgage payment could be with today’s rates.

Select Loan Purpose

This is step 1:

First time home buyer?

This is step 1:

Do you plan to take cash out?

This is step 1:

Enter Loan Details

This is step 1:

How is your Credit?

This is step 2:

What is the property use?

This is step 3:

What type of home?

This is step 3:

Where is the property located?

This is step 3:

Military / Veteran?

Have you or your spouse been in military service?

Enter your details

We will never sell your information

Disclosures and Assumptions

30-Year Fixed-Rate Mortgage:

98.875
The payment on a $375,000 30-year Fixed-Rate Loan at 3.750% and 75% loan-to-value (LTV) is $1,737 with 0.5 points due at closing. The Annual Percentage Rate (APR) is 3.843%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
100
The payment on a $375,000 30-year Fixed-Rate Loan at 4.000% and 75% loan-to-value (LTV) is $1,790 with -0.375 points due at closing. The Annual Percentage Rate (APR) is 4.053%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.

15-Year Fixed-Rate Mortgage:

98.875
The payment on a $375,000 15-year Fixed-Rate Loan at 3.125% and 75% loan-to-value (LTV) is $2,612 with 1.125 points due at closing. The Annual Percentage Rate (APR) is 3.382%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
100
The payment on a $375,000 15-year Fixed-Rate Loan at 3.625% and 75% loan-to-value (LTV) is $2,704 with -0.25 points due at closing. The Annual Percentage Rate (APR) is 3.718%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.

30-Year FHA Loan:

98.875
Rate is fixed. The payment on a $386,000, 30-year fixed rate loan at 3.125% and 96.5% loan-to-value (LTV) is $1,953 with 1.125 points due at closing. Payment includes a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and a monthly MIP calculated at 0.85% of the base loan amount. For mortgages with a loan-to-value (LTV) ratio of less than or equal to 90%, the monthly MIP will be paid for the first 11 years of the mortgage term, or the end of the mortgage term, whichever comes first. Thereafter, the monthly loan payment will consist of equal monthly principal and interest payments only until the end of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. The Annual Percentage Rate (APR) is 4.261%.
100
Rate is fixed. The payment on a $386,000, 30-year fixed rate loan at 3.500% and 96.5% loan-to-value (LTV) is $2,035 with -0.25 points due at closing. Payment includes a one time upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and a monthly MIP calculated at 0.85% of the base loan amount. For mortgages with a loan-to-value (LTV) ratio of less than or equal to 90%, the monthly MIP will be paid for the first 11 years of the mortgage term, or the end of the mortgage term, whichever comes first. Thereafter, the monthly loan payment will consist of equal monthly principal and interest payments only until the end of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. The Annual Percentage Rate (APR) is 4.540%.

30-Year Fixed-Rate VA Loan:

98.875
Rate is fixed. The payment on a $400,000, 30-year fixed-rate loan at 3.250% and 100% loan-to-value (LTV) is $1,781 with 0.75 points due at closing. The Annual Percentage Rate (APR) is 3.543%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. VA loans do not require PMI. The VA loan is a benefit of military service and only offered to veterans, surviving spouses and active duty military.
100
Rate is fixed. The payment on a $400,000, 30-year fixed-rate loan at 3.500% and 100% loan-to-value (LTV) is $1,837 with -0.125 points due at closing. The Annual Percentage Rate (APR) is 3.734%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. VA loans do not require PMI. The VA loan is a benefit of military service and only offered to veterans, surviving spouses and active duty military.

30-Year Jumbo Fixed-Rate Mortgage:

98.875
The payment on a $1,000,000 30-year Fixed-Rate Loan at 3.625% and 69.9% loan-to-value (LTV) is $4,561 with 1 points due at closing. The Annual Percentage Rate (APR) is 3.729%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.
100
The payment on a $1,000,000 30-year Fixed-Rate Loan at 4.000% and 69.9% loan-to-value (LTV) is $4,774 with -0.125 points due at closing. The Annual Percentage Rate (APR) is 4.023%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply.