What? You’ve never thought of FHA mortgages as “hot”? Read about this scenario of a client I recently helped and you just might be cooing “that’s hot”, too! [Read more…]
Refinancing isn’t just about lowering your rate — it’s about improving your overall financial strategy.
In this section, you’ll find educational resources explaining when refinancing makes sense, when it doesn’t, and how to evaluate your break-even point. Whether you’re considering a rate-and-term refinance, cash-out refinance, HELOC, renovation mortgage, or reverse mortgage, understanding the numbers and long-term impact is critical.
Topics covered include:
- “Should I refinance?” scenarios
- Cash-out strategies for remodeling or debt consolidation
- Home equity planning
- Recasting and re-amortization
- Renovation loans and ADU financing
- Refinancing with a second mortgage
My approach is always low-pressure and analytical — we look at the math, your goals, and your timeline before making any decisions.
If you’re a homeowner in Washington State wondering whether refinancing could improve your situation, start here.
Refinancing with FHA…now that’s Paris Hilton HOT!
July 23, 2007 by 2 Comments
Home Equity Loans
June 3, 2007 by 2 Comments
Today I received an email from one of my clients regarding home equity loans, also known as a HELOC. Here’s part of their question:
“We keep getting info regarding a home equity loan. We want to know what a home equity loan is and if that is something for us?”
How Do You Find an Ethical Lender in Washington State?
April 4, 2007 by 4 Comments
Choosing a mortgage lender involves more than comparing rates. It means trusting someone with one of the largest financial decisions of your life. So how do you find a mortgage professional who is genuinely working in your best interest — not just saying they are?
Here’s what actually matters when evaluating whether a lender or loan officer is ethical — and the warning signs that suggest they’re not. [Read more…]
Your ARM May Not Be Broken
February 26, 2007 by Leave a Comment
You may have noticed on the evening news and the local papers all the bad press about mortgages lately. Specifically sub-prime, negative amortized ARMs a.k.a. payment option plans (which I am opposed to for 99% of the population), 100% financing and interest-only ARMs…to name a few. Many sub prime lenders are restating their earnings and are suffering losses. Some are closing their doors and the remaining are changing their underwriting guidelines. It use to be very easy to obtain 100% financing with a credit score of 600…some lenders would even consider 580. Now, the benchmark is 620. Throughout history, lenders change underwriting guidelines based on market conditions.
