Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
Most homeowners know that an FHA Streamline Refinance can lower their rate and payment with minimal documentation and no appraisal. What many people don’t realize is that this same program is available for investment properties — as long as the existing mortgage is FHA-insured.
If you originally bought a home with FHA financing and later converted it to a rental, you may still be eligible to refinance it under the FHA Streamline program. Here’s what you need to know. [Read more…]
In a time when one might assume that their bank would work with them to refinance their home, many Washington homeowners are finding quite the opposite. I’m hearing from local homeowners who have made their mortgage payments on time and who qualify for refinance (income, employment and assets) yet their bank is either unwilling to provide the refinance or is taking several months to close it. [Read more…]
