
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.
Mark, banks will still charge a fee typically ranging around $250 for the processing of the subordination request. This fee…
On Second Mortgage Subordinations May Cause Huge Delays with Refi’s
Hi Norman, The loan officer should have disclosed the payment with the good faith estimate - which would include principal,…
On Five weeks remaining before FHA mortgage insurance premiums increase
Separate or same lot? The biggest issue that I see will be the appraisal. You are going to need 3-5…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Monica, is the property attached (duplex) or a separate house on a lot?
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Patti, you need to check with your pmi provider to see if they will convert your lpmi to borrower…
On HARP 2.0 and Private Mortgage Insurance
Hi Mike, it could be the property type/location that is causing the lender to view the home as a second…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Katie, it's hard to say. A lender could possibly consider it a second home. You need to speak with…
On Is it a Primary Residence, a Second Home or Investment Property?
I NEVER advise USDA buyers to count on the home appraising for higher than the sales price... that's too much…
On Reader Question: Can Closing Cost be financed with a VA Loan?
Adriana, I know that FHA loans may be assumable subject to approval of the lender.
On Is it a Primary Residence, a Second Home or Investment Property?
You can co-sign for him with FHA (his name will be on the mortgage). It does not sound like this…
On Is it a Primary Residence, a Second Home or Investment Property?