In competitive markets, buyers sometimes feel pressure to waive contingencies to make their offer stand out. Before you do — whether it’s the financing contingency, the appraisal contingency, or both — here’s what you need to understand about the risks involved.
Student Loans and Qualifying for a Mortgage in Washington State (2026 Guide)
July 31, 2015 by 2 Comments
Student loan debt is one of the most common obstacles home buyers face when trying to qualify for a mortgage — but it doesn’t have to prevent you from buying (or refinancing) a home. Understanding how lenders calculate student loan payments, and how the rules differ by loan program, can help you plan strategically and avoid surprises during the approval process.
This guide covers current guidelines for conventional, FHA, VA, and USDA loans, along with practical strategies for borrowers with student loan debt. [Read more…]
Can I Buy Furniture Before Closing on My New Home?
July 3, 2015 by 3 Comments
I have been working with a couple of clients who are buying homes and who’ve recently asked if it’s okay for them to buy furniture before closing on their new home. It must be all the holiday sales going on that’s causing this question to come up recently.
