LOOKING TO BUY A NEW HOME BUT YOUR NEW JOB HASN’T STARTED YET?

Yes, it’s possible, however, lenders are looking for stable income when you apply for a mortgage so there are some key points to be aware of if you are in the midst of a job change at the same time … Continue reading

POT TALK: LENDABLE INCOME OR NOT

For a very long time, although people could legally work in the pot industry in states where pot had been legalized, those working in the pot industry have not been able to use their income to qualify for a mortgage. … Continue reading

TWEAK YOUR WITHHOLDING TAXES: MAXIMIZE YOUR NET INCOME

For some, filling out their W-4 form when they were hired is a distant memory, however, it does impact your net pay and it always makes sense to review for accuracy as the number of “allowances” claimed impacts your take … Continue reading

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