The Existing Home Sales was released yesterday which reports on the closings of existing single-unit homes.
Would you be surprised to know that last month, 31% of all sales were first-time homebuyers? [Read more…]
Just Released: Resources for First Time Homebuyers
February 21, 2023 by Leave a Comment
I have just created a page on my blog dedicated to first time homebuyers. Right now, you can access this on the column to the right.
I will be updating this page with information that first time homebuyers or people who have not bought a home recently may find useful. Currently, I have a couple of different scenarios intended to help demystify the homebuying process. I hope you’ll check it out!
If you or anyone you know are thinking about buying their first home or re-entering the home buying market, please feel free to share this with them. 🙂
And of course, I would love to help you with your mortgage needs. Please contact me if I can be of any assistance.
Freddie Mac HomeOne® Mortgage in Washington State
June 21, 2018 by Leave a Comment
Freddie Mac HomeOne® Mortgage in Washington State
The HomeOne® mortgage is a low down payment conventional loan program designed specifically for first-time homebuyers who want to purchase a primary residence with as little as 3% down.
Backed by Freddie Mac, HomeOne offers a simpler path to homeownership for buyers who have solid credit but limited savings — without the income limits found in some other low down payment programs.
This mortgage option is especially attractive to buyers in Seattle, King County, Pierce County, Snohomish County, and throughout Washington State, where affordability and long-term costs matter. [Read more…]
Steps in the Mortgage Process When Buying a Home in Washington State – 2026 Guide
October 23, 2015 by 18 Comments
The process of getting a mortgage consists of several stages and typically takes anywhere from 30–45 days — sometimes more — depending on how prepared you are, what mortgage program you’ve selected, and if it’s a purchase, the agreed-to closing date on the purchase and sale agreement. It’s not unusual to close in two weeks for a pre-underwritten buyer, assuming the appraisal can be completed in time.
Updated July 2026: This post has been refreshed to reflect current mortgage guidelines, updated disclosures, and the availability of pre-underwritten preapproval — the strongest form of preapproval available to Washington State buyers today.
The steps below may not take place in the exact order listed, and some steps may happen simultaneously. [Read more…]
