2020 CHANGES IN VA LENDING

As we roll into the new year 2020, VA is rolling out some significant changes that impact Veteran’s with full entitlement. VA is eliminating the loan amount cap that is currently in place and tied to conforming loan limits No … Continue reading

WHAT IS A NAME/ID AFFIDAVIT & WHY IS ONE USED?

A Name/ID Affidavit provides title companies with the information needed for them to differentiate between people with the same or similar names. The more common your name, the more likely you’ll get to experience this process! A part of the … Continue reading

2020 FHA LOAN LIMITS

FHA loan limits are now out for 2020. Following is a breakdown of the FHA loan limits effective 1/1/20. COUNTY 1-UNIT 2-UNIT 3-UNIT 4-UNIT Thurston $370,300 $474,050 $573,000 $712,100 King / Pierce $747,750 $949,600 $1,147,800 $1,426,450 Mason / Lewis / … Continue reading

2020 CONFORMING LOAN LIMITS ANNOUNCED!

The conforming loan limits for 2020 have been announced and with the continued appreciation in property values, the conforming loan limits have been increased from $484,350, to $510,400! This increase will help more homebuyers remain within the conforming loan limit … Continue reading

DO YOU EARN EXTRA INCOME?

Identifying what is and is not acceptable income when a Borrower has more than one job whether part time or seasonable can get sticky!  On more than one occasion, I’ve had calls from clients I had done a pre-approval on … Continue reading