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
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
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
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
In the lending world, there is often a fear of private roads when in fact, not all private roads are treated the same. Each of the traditional loan guidelines have varying guidelines which I’ve outlined below. FHA defines access to … Continue reading
Program Announcement – May 28, 2015 Please be advised the Housing Finance Commission expects to announce funding for a below-market House Key Opportunity Program on or about June 24 2015. A formal announcement will go out upon program launch. The … Continue reading
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Mortgage Info By Michelle Wickett 