
Rhonda Porter
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 joined Mortgage Master Service Corporation as a Loan Officer in 2000. She and her husband are new "parents" to a Flat Coated Retriever puppy. Rhonda enjoys cooking, wine, gardening and has recently started black velvet painting.
Nancy, your situation is very unique. You're not charging rent so I would hope it would be okay. However, I'm…
On Is it a Primary Residence, a Second Home or Investment Property?
Jayashree, you can refinance an FHA mortgage using an FHA streamline for an investment property. It will fine to refinance…
On Can I Convert My Existing Home to an Investment Property to Buy My Next Home?
Pam, it's not classified as a cut and dry 51% of the time with regards to how a lender views…
On Are you occupying or not occupying? THAT is the question.
Eric, if you bought the home using a mortgage for a vacation home, this means that it is for your…
On Is it a Primary Residence, a Second Home or Investment Property?
There may be other mortgage programs, like Home Ready, they may work if HARP does not. Please check with a…
On Freddie Mac’s Home Affordable Refinance – Relief Refinance Mortgages
You may possibly be able to buy the home as a second home.
On Is it a Primary Residence, a Second Home or Investment Property?
Douglas, if you're buying a home in Washington state, you can apply at www.mortgageporter.com/apply
On Washington State Down Payment Assistance Programs and Grants
You typically need 36 months to pass after the short sale before you can buy a new home. Then you…
On Washington State Down Payment Assistance Programs and Grants
Review and sign the documents. Ask your lender questions, if you have any. Provide any documentation they request promptly. Let…
On Steps in the Mortgage Process
It is a conundrum, Eric. Can it be considered a second home? Bottom line, it's up to the underwriter. You…
On Is it a Primary Residence, a Second Home or Investment Property?