first time home buyer

New Updated Guide Book for First Time Home Buyers

August 10, 2017 by Rhonda Porter Leave a Comment

Hot off the press (or keyboard?)! The eBook that I wrote for first time home-buyers has been completely updated. Please feel free to share this with anyone you know who is considering buying a home anywhere in Washington state. You can access the eBook below or by clicking this link: Your First Home Mortgage Guide Book by Rhonda Porter

Of course, if you’re considering buying your first, second home, vacation or rental homes in Washington state, I am happy to help you! Click here for a no hassle rate quote or here to start the preapproval process.

Filed Under: Books, First Time Home Buyer Tagged With: book, first time home buyer

UPDATED: First Time Home Buyers Guidebook

May 27, 2016 by Rhonda Porter Leave a Comment

I have just updated the e-book that I wrote for first time home buyers.

Please feel free to share it with anyone you know who is considering buying a home in Washington state.

Filed Under: Books, First Time Home Buyer Tagged With: book, first time home buyer, fthb

Fannie Mae’s HomeReady Mortgage

April 13, 2016 by Rhonda Porter 1 Comment

The HomeReady Mortgage is a mortgage program created by Fannie Mae intended to help low-to-moderate income borrowers with good credit buy or refinance a home.

Here are more details about the HomeReady Mortgage:

Establishing Credit Scores

September 9, 2015 by Rhonda Porter 1 Comment

If you’re a reader of Mortgage Porter, you probably know that I just returned from a long weekend to Nashville to visit my son and check out his new apartment. Getting started on your own is an important part of your life and it helps to have established credit. This is especially true if you plan to buy a home as most lender will require that you have three to four established accounts. The credit lines you establish (and other credit events) will determine what your credit scores are.

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Filed Under: Credit Scores and Reporting Tagged With: credit, credit scores, first time home buyer

Fannie Mae offering Home Buyer Incentives

April 24, 2015 by Rhonda Porter Leave a Comment

Fannie Mae is offering first time home buyers up to 3% towards closing cost when they purchase a Fannie Mae HomePath property. On a $300,000 home, 3% would be up to $9,000 towards allowable closing cost! A Fannie Mae HomePath property is a home that Fannie Mae has foreclosed on and now owns.

Washington State Down Payment Assistance Programs and Grants

June 18, 2014 by Rhonda Porter 18 Comments

Washington State home buyers have several various down payment assistance programs available and they’re not just limited to first time home buyers. These funds can go towards closing cost and the down payment of primary residence.

Here’s an updated list of what I have available.

The FHA HAWK Program for Homebuyers

June 10, 2014 by Rhonda Porter 4 Comments

A few weeks ago, HUD announced a new program created for first time home buyers which rewards them with reduced mortgage insurance premiums after they participate in home buyer education and one-on-one housing counseling. HAWK or Homeowners Armed with Knowledge is a pilot program set be released in two phases on a limited basis.

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Filed Under: FHA, First Time Home Buyer Tagged With: fha, first time home buyer, fthb, hawk