Reader Question: Can Closing Cost be financed with a VA Loan?
I received this email from one of our subscribers: ”…with a VA mortgage, can you finance buyer closing costs...
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How much home do I qualify for with a $70,000 down payment?
I’m working with a couple in Seattle who would like to buy a home. They have excellent credit (scores of 740 or higher) and are...
read moreReader Question: Do I Qualify for a VA Loan?
I received this question on a comment and thought I’d share my response via a post. Happy New Year, I am contemplating a return...
read more2013 VA Loan Limits for homes in Washington State
VA has published the loan limits for 2013. The loan limits listed below are not the maximum loan amounts that an eligible...
read moreVA Loan Limits from August 6, 2012 to December 31, 2012
VA has issued Circular 26-12-7 increasing loan limits for VA loans closed through the end of the year in the following Washington...
read moreWhere will mortgage rates be in December?
I recently met with a couple who are getting ready to buy their first home. I love that they are meeting with me several months in...
read moreVA Loan Limits for 2012 for Homes in Washington
NOTE: VA loan limits have been raised for the remainder of 2012 in certain counties per VA Circular 26-12-7. Click here for...
read moreVA Funding Fees…what briefly goes down, must quickly come back up.
Well the lower funding fees we thought we had were officially taken away when the President signed HR 674 raising the funding fees...
read moreRefinancing Your Seattle Area “High Balance” Mortgage Over $506,000
If you obtained a high balance mortgage over the current limit ($506,000 in King, Pierce and Snohomish Counties) and missed the...
read moreVA Funding Fee to be Reduced Effective October 1, 2011 [UPDATED: NOT!]
UPDATE: VA Funding Fees were only briefly reduced. NOVEMEBER 8, 2011 UPDATE: VA Funding Fees are in a political tug-of-war. Per...
read moreOctober Brings Few Treats for Mortgages
Effective October 1, 2011, several changes are set to take place that will impact new mortgages, including Conforming, FHA...
read moreVA Loan Limits to Remain Unchanged in 2011
VA has announced they are keeping their existing loan amounts through the end of 2011 instead of reducing them, like conforming and...
read moreHow much can Sellers contribute towards Closing Cost?
If negotiated in your purchase and sales agreement, a Seller may agree to chip in towards some or all of your bona fide closing costs,...
read moreVA Loan Limits for 2011
UPDATE: VA loan limits will remain the same through the end of this year! UPDATE December 6, 2011: VA Loan Limits for 2012...
read moreHow Much Do I Need for Down Payment to Buy a Home?
When you buy a home, most loans require a down payment. A “down payment” is the difference between the loan...
read moreVA Loan Limits for Washington State
Below are the loan limits for VA loans in Washington state for 2010. I should have posted this earlier this year, I've...
read moreFrom the Junk Mail Bag
Seems like junk mail from random mortgage companies are on the rise again. I recently had a client who I...
read moreWhy I’m Thankful I Don’t Work for a Bank or a Mortgage Broker
Mortgage Master Service Corporation, my employer for the past nine years, is a Correspondent Lender–which is kind of like a...
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