Snohomish County Mortgage Information & Home Loans

Feb. 1, 2021

Earthquakes Straps are Required for Financed Home Purchases

Selling a home has a lot of variables: home inspections, financing, title liens and more. Some of these variable can cause delays in the sale of the home and cost thousands of dollars. However, other variables and cost a few dollars yet still cause time delays that are unnecessary and ...

View More
Jan. 30, 2019

Start 2019 by Improving Personal Finances

Start 2019 by Improving Your Personal Finances

With the new year comes the Holiday Financial Hangover. Bank accounts are depleted, credit cards have increased balances and everyone is feeling the pinch. That is why this newsletter will focus on financial tools to manage expenses and budget, ways to improve your credit score, how to save or put ...

View More
Jan. 14, 2019

Top Misconceptions about Qualifying for a Home Loan

Top Misconceptions about Qualifying for a Home Loan

There are many misconceptions buyers, particularly first-time buyers, have when they're looking into mortgages. The process of applying for a mortgage can feel daunting, but don't allow concerns of tighter lending requirements keeps you from pursuing homeownership. Remember, if you have any questions regarding your situation, please give ...

View More
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 ...

View More
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 ...

View More
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's website:

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

View More
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 ...

View More
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 ...

View More
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 ...

View More
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 ...

View More