We are just into our second week of the new year and I hope your new year is off to a great start! I like to use this time of year to review my goals and make adjustments to my plans. [Read more…]
2020 VA Loan Limits for Washington State
December 31, 2019 by 2 Comments
The loan limits for VA mortgage loans have been announced. 2020 VA loan limits will follow conforming mortgage limits for single family homes.
Mortgage Master Service Corporation will lend up to $2,000,000 subject to Veteran entitlement eligibility requirements.
Home Sellers should really consider accepting VA home buyers. Just because they’re putting less down, does not mean they are less qualified. VA home buyers have EARNED this benefit by serving our country. And these days, VA mortgage loans are not any more or less challenging to process and close than any other type of home mortgage. VA loans do not have monthly mortgage insurance and they have very competitive mortgage rates.
If I can help you with a VA mortgage or any type of home loan for property located in Washington state, please contact me.
‘Tis the Season to not sabotage your credit
December 9, 2019 by Leave a Comment
Several weeks before the holiday season sets in, we begin to see those commercials I absolute dread. You know, the luxury cars with giant red bows on them…the recipient gushes, “you shouldn’t have!”… and they’re right, the gift giver probably should not have – especially if they’re considering buying or refinancing a home. [Read more…]
2020 FHA Loan Limits for homes in Washington State
December 3, 2019 by 2 Comments
Here is a complete list of FHA loan limits for all counties in Washington for 2020. The new loan limits go into effect on FHA case numbers issued January 1, 2020 and after. [Read more…]
Breaking News: 2020 Loan Limits Announced from HUD
December 3, 2019 by Leave a Comment
HUD has released the FHA loan limits for 2020.
Seattle – King County, Tacoma – Pierce County and Everett – Snohomish County all have higher loan limits at $741,750 for a single family home. Homes located in King, Snohomish and Pierce Counties qualify for a higher loan amount as the counties are considered “high cost”.
FHA mortgage loans are not limited to first time home buyers and do not have income limits. Loan limits do vary by the county the home is located in. Here is a complete list of 2020 FHA loan limits for in Washington State.
If you’re interested in buying or refinancing a home located anywhere in Washington state, I’m happy to help!
Conforming Loan Limits for 2020 for Washington State
November 26, 2019 by Leave a Comment
Conforming loan limits are increasing for 2020 to $510,400 for a single family dwelling. Counties that are considered “high cost” such as King County, Pierce County and Snohomish County qualify to have a “high balance conforming” loan limit of $741,750. [Read more…]
Special Mortgage Interest Rates
October 19, 2019 by Leave a Comment
Last night on Facebook, I saw an ad for a builder’s lender promoting “limited time opportunity special interest rate” when you purchase one of their new homes. This was being shared by a Realtor whom I’m “Facebook Friends” with. I decided to price out this “special rate” and proved that the rate, while very low, is actually not so special.
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