If you are retired and want to buy a home, you may wonder how retirement impacts your chances of qualifying for a mortgage and what you can do to improve your eligibility. The first thing to know is that under the Equal Credit Opportunity Act, no lender can legally refuse to offer you a mortgage […]
How to Minimize Closing Costs
Along with your down payment, interest rates and mortgage premiums, you need to think about the closing costs of your mortgage. The closing costs for mortgage include several different fees, such as: • The loan origination fee • The appraisal fee • The cost to pull your credit report • Discount points • Attorney fees […]
Second Home Mortgage FAQ
If you are thinking about purchasing a second home, you may have quite a few questions about what you can expect regarding the application process and loan rates and terms. Below are answers to some frequently asked questions about second home mortgages. Q: What are the costs associated with buying a second home? A: Purchasing […]
What Can You Do About Rising Housing Costs?
If you been shopping for a home in Seattle, Bellevue, or elsewhere in Washington state, you are probably aware that housing costs have been rising rapidly. Home values themselves have been soaring, and Washington State mortgage rates have also done some climbing over recent years. If this has left you wondering how you can afford […]
