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Business Details
24 Years
experience
Your Trusted Mortgage Broker in Seattle, WA
Blue Square Mortgage is an independent mortgage brokerage founded in 2002 by Mike Peacore, a seasoned professional with over 25 years of experience in the home loan industry. Originally employed by a bank, Mike recognized his potential to offer clients superior service and founded Blue Square Mortgage to prioritize customer needs. We specialize in providing competitive rates and personalized guidance for homebuyers in Washington and Colorado. Our commitment to exceptional customer service ensures clients receive support throughout the entire mortgage process, from pre-approval to closing.

We view each successful home purchase as the beginning of a long-term relationship, offering ongoing assistance for future mortgage needs such as refinancing or second-home purchases. Our expertise in navigating complex lending scenarios and dedication to transparency have earned us a reputation as a trusted partner in the Seattle area.
Services
Home Purchase Loans Refinance Loans Jumbo Loans FHA Loans VA Loans Commercial Loans Investment Property Loans Reverse Mortgages HELOCs No Cost Refinance
Details
  • Year established: 2002
Highlights and features
  • We offer 25+ years of mortgage industry expertise and local market knowledge.
  • Our team provides personalized guidance tailored to your unique financial situation.
  • We guarantee competitive rates with no hidden lender fees.
  • Our transparent process ensures no surprises during your mortgage journey.
  • We specialize in resolving complex lending scenarios for non-traditional borrowers.
What people say
Excellent customer service Competitive rates Stress-free process Timely communication Expertise in complex cases
Services
Home Purchase Loans
We specialize in home purchase loans tailored to first-time buyers and experienced homeowners. Our team helps clients secure financing for primary residences, second homes, and investment properties. With access to multiple lenders, we find competitive rates and terms suited to your financial profile, ensuring a smooth closing process.
Refinance Loans
Our refinance solutions help homeowners reduce monthly payments, shorten loan terms, or access equity. We offer conventional, FHA, VA, and cash-out refinancing options. Our experts analyze your current mortgage to identify savings opportunities while maintaining transparency about closing costs and timelines.
Jumbo Loans
We provide jumbo loan options for high-value properties exceeding conforming loan limits. Our specialized underwriting process accommodates unique financial situations, including self-employed borrowers. Competitive rates and personalized service ensure clients receive tailored financing solutions for premium real estate investments.
VA Loans
We offer VA loan programs exclusively for eligible veterans and active-duty personnel. These loans feature competitive rates, no down payment requirements, and limited closing costs. Our team streamlines the VA-specific documentation process to expedite approvals while maintaining compliance with federal guidelines.
HELOCs
Our HELOC products provide flexible access to home equity for renovations, debt consolidation, or emergency funds. We offer competitive variable rates and customizable draw periods. Clients receive clear disclosures about repayment terms and potential rate adjustments to ensure informed borrowing decisions.
People
Mike Peacore
Mortgage Broker
Mike Peacore founded Blue Square Mortgage in 2002 after recognizing the need for personalized mortgage services. With over 25 years of industry experience, he specializes in guiding first-time buyers and resolving complex lending scenarios. His commitment to transparency and client education has earned him consistent five-star reviews from satisfied customers.
Questions
What mortgage loan types do you offer?
We provide home purchase loans, refinancing options, jumbo loans, FHA/VA loans, HELOCs, and investment property financing tailored to Washington and Colorado markets.
How can I get pre-approved for a mortgage?
Start with our free online rate quote tool or call (206) 352-6453 to speak with Mike Peacore directly for personalized pre-approval guidance.
Do you offer no-closing-cost refinancing?
Yes, we specialize in no-cost refinance programs with competitive rates and transparent fee disclosures.
Can self-employed individuals qualify for loans?
Absolutely. We have specialized programs for self-employed borrowers and those with non-traditional income sources.
What areas do you serve?
We primarily serve Washington and Colorado, with expertise in Seattle metro area real estate markets.
How quickly can you close a mortgage?
Our average closing timeline is 30-45 days, with expedited options available for qualified borrowers needing faster closings.
Reviews (6)
Megan King
Dec 01, 2021 Report
We are looking into refinancing our home due to rising interest rates and reached out to Mike. We initially reached out based on the great Google reviews and Blue Square Mortgage's proximity to our home. I submitted an online inquiry and Mike got back to me quickly with an email. His honestly and transparency and wealth of knowledge were an invaluable resource and I truly appreciate the time that he took to talk to me about my refinancing options. If you are looking for a mortgage professional who will make you feel secure and help you understand the process with most likely your biggest investment
Kristen Weber
Nov 30, 2021 Report
Positive:Professionalism,Responsiveness
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.
Kristin Gardner
Nov 24, 2021 Report
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.
Kathy Hattori
Nov 13, 2021 Report
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.
Rosemary Le
Nov 03, 2021 Report
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
Emelie Montgomery-Jones
Sep 30, 2021 Report
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