Are markets shifting in Seattle?

This weekend while driving around my neighborhood in Seattle, I noticed more “for sale” and “open house” signs on homes. It’s a welcome sight after how long we’ve been in this tight market with very little housing inventory. [Read more…]

Stop paying rent: Mortgages with Low Down Payment Options

Recently I wrote about neighbors in West Seattle who were looking for a new place to rent because they have two cats and a dog, limiting their options.  I’ve pets my entire life, this is my cat Rocko at his typical hang-out where he can view everything on our stairs.

In my last post, I shared Fannie Mae’s Home Ready mortgage program which offers a low down payment with improved pricing on rates and mortgage insurance. [Read more…]

Reason to stop paying rent #7: You have a pet

I love my pets, Rocko and Hitch. We have had pets before we had (our now adult) children. I totally understand someone’s anguish when they are trying to deal with where they are going to live when they have pets.cat and dog snuggling on chair
This morning, I was catching up on Facebook and in our local neighborhood group for West Seattle, a neighbor is worried about if their landlord is getting ready to sell the home they are currently renting. [Read more…]

NEWS FLASH: Mortgage Master now offers Bridge Loans

I’m pleased to announce that Mortgage Master Service Corporation is once again, offering bridge loans to our clients. A bridge loan allows a home owner to tap equity from their current home for down payment on their next home before their current home has sold.  With a bridge loan, there are no monthly mortgage payments and the interest that accrues is paid off at the closing of the buyer’s listed home. [Read more…]

Avoid being naughty to your mortgage preapproval

‘Tis the season to spend, spend, spend give. I love this time of year and I admit that it can be hard for me to not splurge a bit. Overspending doesn’t have to be in the form of extra presents under the tree, it could be getting together with family and friends at a restaurant – or even cooking up something extra special at home. There are endless ways to spend your hard earned cash this time of year whether it’s your savings or using a credit card.

If you’re thinking about buying a home, refinancing or are in the mortgage process, it can be quite easy to forget about your credit or savings during the holidays. [Read more…]

Gorgeous homes around $500k? Get OUT of Seattle!

Rambler style home located in Tacoma Pierce CountyThis week, a real estate agent asked me to prepare some financial flyers for listings in Pierce County. The homes are stunning – I live in Seattle and cannot imagine having a large garage for our cars…although before living in Seattle, I had a sweet 2 3/4 garage. [Read more…]

Financing a “multi-generational” home


It’s becoming more common for families to have multiple generations living under the same roof. Some families opt to commit to buying a “multi-generational” home together designed to accommodate their lifestyle, whether it’s a home with an attached or detached dwelling unit (aka mother-in-law apartment) or even a home built specifically for generations to live together, there are options available for living with your parents and/or grown children. [Read more…]

Avoid Delays with your Home Purchase

mortgage-porter-sold-homeHere are a few suggestions for when you are preparing a purchase and sales agreement to help avoid delays. NOTE: I’m NOT an attorney and this is NOT legal advice. I’m simply a Licensed Loan Officer offering suggestions based on my observations.  🙂 [Read more…]