Almost every buyer I work with has some kind of debt whether it’s car payments, student loans, credit cards or installment loans. Carrying debt doesn’t automatically rule out homeownership, but it does shape what you qualify for and how much cushion you’ll have once the mortgage payment is added on top. Here’s what actually matters. [Read more…]
‘Tis the Season to not sabotage your credit
December 9, 2019 by Leave a Comment
Several weeks before the holiday season sets in, we begin to see those commercials I absolute dread. You know, the luxury cars with giant red bows on them…the recipient gushes, “you shouldn’t have!”… and they’re right, the gift giver probably should not have – especially if they’re considering buying or refinancing a home. [Read more…]
Can I Buy Furniture Before Closing on My New Home?
July 3, 2015 by 3 Comments
I have been working with a couple of clients who are buying homes and who’ve recently asked if it’s okay for them to buy furniture before closing on their new home. It must be all the holiday sales going on that’s causing this question to come up recently.
Mortgage Basics for First-Time Homebuyers in Washington State
December 13, 2012 by 2 Comments
One of the most valuable things you can do before buying your first home is understand what lenders are actually looking at when they evaluate your application.
Some buyers are surprised to learn they qualify sooner than expected. Others discover there’s some groundwork to do first. Either way, knowing where you stand early gives you options. [Read more…]
