Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
VA Loan Limits for 2026 for Washington StateVA Loans technically don’t have a “loan limit” the same way that a conforming or FHA loan does. Veterans, who have earned the benefit of having a VA loan are eligible for a zero or low-down payment mortgage. The calculation is based on 2026 conforming-loan limits and the veteran’s entitlement status. [Read more…]
Low-Down-Payment Programs, Renovation Loans & Down Payment Assistance OptionsWhat’s impacting mortgage rates this week? Check out my latest episode of The Mortgage Porter.
If you’re thinking about buying a home, refinancing or a reverse mortgage, let’s have a conversation – we can start planning, even if it’s months away.
Did you know the biggest savings this season might not be in your shopping cart?
Black Friday is a great reminder to look for deals—and one of the smartest “deals” you can snag is refinancing your mortgage.
If you’ve been curious about lowering your rate, reducing your payment, or tapping equity for home improvements or debt consolidation, now is the perfect time to explore your options.
This week’s episode of The Mortgage Porter reviews current mortgage rates and what may impact rates this short holiday week. Plus, we review recent changes to Fannie Mae’s guidelines that removes the minimum credit score requirement of 620.
If you or anyone you know are thinking about buying or refinancing a home, I am happy to help! Feel free to contact me to review your scenario.
Fannie Mae (conventional lending) recently changed their underwriting guidelines to no longer factor in credit scores for underwriting approval!
Before this guideline change, borrowers needed to have a mid-score of at least 620 to qualify for a conventional mortgage. Scores below 620 could mean that someone may have to opt for an FHA mortgage, which has both upfront and monthly mortgage insurance regardless of the amount of down payment or equity with the property. [Read more…]
We (finally) have the BLS Jobs Report coming out this week. Will this impact the direction of mortgage rates if the report is for September?
Check out this and more in this week’s episode.
If you’re thinking about buying or refinancing a home, let’s talk!
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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