Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
Not all mortgage loans are the same — and choosing the right program can make a significant difference in your payment, qualification, and long-term financial flexibility.
This section covers the most common and specialty mortgage programs available to homebuyers and homeowners, including:
Understanding eligibility guidelines, loan limits, credit requirements, and program benefits allows you to compare options strategically rather than relying on headlines or general advice.
As a Mortgage Advisor with over 25 years of experience, I help clients evaluate which program best aligns with their income, assets, and long-term plans.
Explore the programs below to better understand your options.
Today, much deserved gratitude will be shared to our Veterans. We honor their courage, sacrifice and service that allow us to have our freedom.
As a mortgage professional, I am thrilled when I have received a purchase and sales agreement where the seller has agreed to allow the Veteran to use their VA loan.
The VA Loan is a benefit that the Veteran has earned. There are no loan limits and offers low to no down payment. [Read more…]
The FHFA announced expanded guidelines for appraisal waiver increasing the maximum loan to value (LTV) from 80% to 90% on purchase transactions. An appraisal waiver is not guaranteed on all conforming mortgages. Loans are submitted to the automated underwriting systems for Fannie Mae or Freddie Mac, which determine whether or not a transaction will receive an appraisal waiver.
Possible eligible transactions include: [Read more…]
This week is JOBS week and we’ll see how it plays out for mortgage rates.
If you would like to see mortgage rates for your personal scenario, click here!
Washington is in the top 3 states for leading the country with the addition to accessory dwelling units!
This type of housing makes it possible for providing housing to aging parents, adult children who are priced out of the market, a workspace or to provide income as a rental property.
If you have been contemplating adding an ADU to your home or finding a home with (or that could have) an ADU, I encourage you to check out my latest resource guide: Accessory Dwelling Units.
If you’re interested in learning more about financing options, I am happy to help you!
I have a great tip for you if you’re currently renting with a roommate and considering buying a home.The HomeReady program allows for you to use “boarder income” to qualify for your next home. If you’re thinking about buying a home where your roommate will continue to pay you rent, you may be able to use that rental income for qualifying for your new mortgage on a one-unit home. [Read more…]
