
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.
We no longer have alternative credit documentation with FHA loans.
On Documenting Alternative Credit with FHA Loans
Thanks, Steve 🙂 I actually have USDA home buyers in areas that may be impacted.
On USDA Rural reveals proposed new boundaries for Zero Down Mortgages
Where are you getting the Fannie may date from? Fannie has recently updated their HARP site to where it will…
On Why May 31, 2009 is the cut-off date for Home Affordable Refi Program (HARP 2)s
Hi Michi, Will the HELOC subordinate their lien position? Then your refinance should qualify as a "rate term" instead of…
On Refinancing when you have an existing Second Mortgage or HELOC
Eric, nobody - including your lender, knew that the HARP program would be available or even exist in June 2009.…
On Waiting for HARP 3.0? You can sign this Petition.
With this scenario, mortgage payment is offset by the rent however when you add the 75% factor for the rental…
On Determining Net Rental Income when Qualifying for a Mortgage
I really have no idea, Scott. We're waiting to see if Congress or FHFA will do HARP 3.0. If this…
On And the Fed Says…
Hi Crystal, it kind of sounds like a rental to me - but it's hard to say. You need to…
On Is it a Primary Residence, a Second Home or Investment Property?
Hi Mario, That really stinks. You could try filing a complaint with CFPB or whomever regulates Key Bank. I would…
On Mortgage Interest Rate Locks 101
Mario, it sounds like you've already closed? Out of curiosity, how quickly did you close after the new GFE with…
On Mortgage Interest Rate Locks 101