What to do if your bank closes your line of credit

CNBC reports that Wells Fargo is closing personal lines of credit and no longer offering the product to consumers. In a letter sent to their clients, they state that the closure may impact their credit scores. In my opinion, this really stinks! [Read more…]

The Mortgage Junk Mail Bag

Junk Mail after Mortgage

Why does junk mail follow you home?

If you’ve recently bought or refinanced a home in Washington State, you’ve probably noticed your mailbox getting a lot more crowded. That’s not a coincidence, and it’s not because anyone sold your information — it’s because your mortgage and loan amount become public record the moment your transaction records with the county. [Read more…]

Home Buyer Classes for Washington State

Home buyer classesIf you are brand new or a little rusty at buying a home, there are some excellent options that are available for you. Some classes feature unique benefits for the students. Before taking one of the courses below, I suggest you reach out to a local, licensed Loan Officer to see if one class may be better suited for your home buying goals.

Here are a few online home buying classes you may want to consider: [Read more…]

Gimme your Best Interest Rate with NO Closing Cost

Your best interest rate with no closing costsThe other day, a Redmond homeowner contacted me for a quote to refinance their home. They specifically requested scenarios for “lowest possible interest rate without paying any points or closing costs“. [Read more…]

Recent Interview in the Seattle Times about Seattle Homebuyers

I’m honored to have been quoted in the Seattle Time‘s yesterday in Katherine Khashimova Long’s article “Autumn of heartbreak for home shoppers as Seattle-area prices hit new record highs”. My quote wound up being a tid-bit in the article and I thought it would be interesting to share some of the points that we discussed during the interview. [Read more…]