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

EMPLOYMENT GAPS AND MORTGAGE LENDING

When applying for a mortgage, most people are aware of the key elements a Lender is looking for in a prospective Borrower: Income Assets Credit However, the devil is in the details and it’s those details if you’re not aware … Continue reading