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Mike Lee
Contact Information

Metropolitan Mortgage Group
119 N Olympic Ave
Arlington, Washington 98223

877-397-6966 [phone]
[email protected]

Organization Affiliation

We are a  branch of Metropolitan Mortgage Group, Inc. We serve the entire state of Washington. Our mortgage consultants are located throughout Snohomish and King County. Kim Gaynor is our loan processor and she follows the loans progress to the end. Please go to our website to see who we are www.myupfrontmortgage.com

Contract With Client

We are currently working on a contract that is acceptable to the client and the UFMB Association.

Technology Employed
MyUpfrontmortgage.com uses an online application process which clients can use to fill out their application at their convenience. You can find this online application at www.myupfrontmortgage.com. Our software is Calx Point and we also utilize DU and LP for Automated Underwriting.

Locking Procedures

We will lock a refinance loan upon reciept of the completed loan application and documentation. We lock purchase loans on the day the purchase contract is signed and the client has already reached pre-approval status. Above all, the lock will depend on what our clients choose to do.

Third Party Fees

Appraisals are usually our only third party fees. An appraisal ranges from $250 to $700 depending on the property. If you have a single family home, you can usually count on the appraisal being in the $450 range. Clients are free to shop for their own appraiser or we can find a trustworth appraiser for you.

Broker Fees

Lender Fees and Other Settlement Costs:
Metropolitan Mortgage of Arlington guarantees broker and third-party closing costs on the day that the rate is locked. Other settlement fees may very.

Broker Fees:
Metropolitan Mortgage Group negotiates fees on a case by case basis. Some of the criteria that go into the determination of our fees are: Loan Amount, Credit History, Documentation Type, Borrower Participation, and Closing Time Frame. Typical Fees are as follows:

Origination Fee:
Typically 1% of the loan amount

Processing Fee:
$495 which includes credit report, Fed Ex fees to get loan package to the lender and payment of loan processor and transaction coordinator.

Lender Fees:
Wholesale lenders charge a fee to underwrite the file, prepare the loan docs and fund the loan. This also includes the tax service fee and the flood certification fee.

Yield Spread Premium:
The spread that the bank pays us to deliver a certain rate to the customer. This fee is always disclosed by United Mortgage Financial Group, Inc. and the customer has the option to use the Yield Spread to pay for the origination fee to keep up-front costs lower. This is worked out on a case by case basis with the customer to determine if it makes more sense to pay the origination fee, the Yield Spread Premium fee or a combination of the two.

Experience, integrity and trustworthiness are the
most important qualities we can give to our customers.

The lowest rate and best fitting loan program are very
important to the financial well-being of your loan, and
your ability to trust us as we handle your loan is equally
important, if not more so.

For a trustworthy, knowledgeable, and courteous
approach to your real estate needs, contact us
today. For our staff directory, please go to

Metropolitan Mortgage Group
119 N Olympic Ave
Arlington, Washington 98223

877-397-6966 [phone]
360-474-1200 [phone2]
[email protected]