Rhonda Porter
Rhonda Porter (NMLS 121324) is a licensed Washington Mortgage Advisor with 25+ years of experience helping buyers and homeowners understand their mortgage options. She writes Mortgage Porter to bring clarity and confidence to the home-financing process.
Hi Lawrence, It's very possible since HUD requires the savings to be based off of the principal,interest and mortgage insurance…
On Should I do an FHA streamline refi if my rate is 4.875%?
Angel, this will probably be treated as a second home or investment property if you're not occupying it within 60…
On Is it a Primary Residence, a Second Home or Investment Property?
No need to apologize, Marlene. Unfortunately, I don't see that this event has an email option - it's really geared…
On Do you have a question for President Obama about housing?
Hi Marlene, Please visit one of the social media links above (Twitter, Facebook, Instagram, Vine or YouTube) to submit your…
On Do you have a question for President Obama about housing?
Jo, please contact your tax adviser for information regarding taxes/capital gains. I'm not a CPA, my focus is strictly on…
On Is it a Primary Residence, a Second Home or Investment Property?
Audrey, Bank of America does not have to pay the extension fees even though it seems like the "fair" thing…
On Mortgage Interest Rate Locks 101
Hi Alexander, when are you planning on selling your home? If it's listed for sale now, you should be able…
On Buying a Home with Owner Occupied Financing After Refinancing Your Home as Owner Occupied
Roy, if you have a non-conforming/jumbo mortgage, your options are most likely to work with your current mortgage servicer or…
On President Obama’s Refi Plan for Non-HARP Qualified Homeowners #MyRefi
Hi Kathy, I've heard of 2nd lien holders reducing the credit line but never increasing the rate. Unfortunately, they have…
On Refinancing when you have an existing Second Mortgage or HELOC
Hi George, I believe the maximum mortgage Term for a streamline refi mortgage term is the lesser of: 30 years,…
On Should I do an FHA streamline refi if my rate is 4.875%?









