Snohomish County Mortgage Information & Home Loans

Oct. 3, 2017

10 Simple Ways to Improve Your Credit Score

Simple Way to Improve Your Credit Score

Credit score is an integral part of qualifying for a home loan and typically the most critical. So, here are 10 simple ways to improve your credit over the next 6 months.

But before getting into the the 10 ways, let's look at factors that impact a credit score ...

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Sept. 25, 2015

Q & A: Can I Have More than 1 VA Loan?

Being in the military, moving can be normal; however, it never becomes easier. Learning the local school districts, selecting and enrolling kids, getting familiar with various housing communities or nearby cities/towns, determining the best commuting path, and knowing where to buy groceries and convenience goods all make the process ...

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Sept. 22, 2014

Fannie Mae is Ending HomePath Financing

HomePath financing has been a useful financial vehicle for Fannie Mae products: rep homes, rehab properties, no-appraisal required purchases, and even multiple property owner refinancing.

That is all about to change. According to HomePath.com's website:

"Effective October 7, 2014, Fannie Mae is retiring the HomePath Mortgage (HPM) and ...

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June 5, 2014

The Do's & Don'ts for a Smooth Loan Approval

do's and don't for a smooth pre-approval

To build on yesterday's post Buying a Home Zero Down Doesn't Mean Free here are the Do's and Don'ts for a smooth home loan approval. A common theme is 'as long as the money is in the bank who cares?'. In this day and age risk ...

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Jan. 22, 2014

Snohomish County USDA Eligible Areas Remain Unchanged

On January 17, 2014 President Obama signed the Consolidated Appropriations Act of 2014 and effectively postponing any changes to Snohomish County's USDA eligible areas. On page 1544 of the Consolidated Appropriations Act, 2014 the .pdf reads:

1 (12 U.S.C. 1715z–20(g)), the Secretary of Housing and 2 Urban Development may, until September 30, 2014, in3 sure and enter into commitments to insure mortgages 4 under such section 255.

YouTube Video of the Consolidated Appropriations Act of 2014

 

USDA home financing ...

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Nov. 5, 2013

15 Items to Consider When Applying for a Home Loan

In every real estate transaction, whether it be buying or investing, someone has to consider financing to purchase property. None of us are strangers to the term mortgages or home loans but what many don’t realize is the complexity of the financing world. Since the real estate collapse of 2007 ...

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Oct. 14, 2013

Why is the Government Shutdown Bad for Real Estate?

The ever approaching debt ceiling deadline looms closer and closer each day. Still in negotiations, Congressional government is still opening government agencies in a piecemealed fashion. I am glad portions of the government have reopened and people can receive benefits, have needed treatments, attend war memorials, and visit the national ...

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