The Mortgage Process – Documentation

Providing Documentation Whether you’re getting pre-approved or a final approval, you’ll need to document your assets by providing bank and investment statements, pay stubs, a credit report, and tax information such as a W-2 or tax return. If you’re self-employed or a small-business owner, you might need to provide more documentation about your income over [...]

The Mortgage Process – Pre-Approval

The first step in the mortgage process is mortgage pre-approval.  During the pre-approval process, you'll sit down with your mortgage advisor to assess your personal finances and contrast the type of home you want to buy with what you think you can afford.   Once your mortgage advisor reviews your financial information, you’ll receive a [...]

2016-11-08T19:02:06+00:00 Categories: The Mortgage Process|

Absolute Mortgage Opens Doors in Edmonds

Edmonds, WA – Absolute Mortgage, is pleased to announce today the opening of their newest location in Edmonds, WA. Continuing their planned expansion, this marks the third neighborhood location for Absolute Mortgage in Snohomish County in 2014. Absolute, known for their strong leadership and integrity, follow four core values of Teamwork, Empowerment, Positivity and Excellence [...]

2014-06-30T16:56:25+00:00 Categories: Announcements|

USDA Home Loans in Washington State

USDA Loans Apply to More "Rural" Areas in Washington State Than You May Think!   USDA loans are backed through the Rural Housing Division of the U.S. Dept. of Agriculture. They are available to millions of eligible primary home buyers with low to moderate incomes or scarce funds for down payments. Features, benefits and things [...]

2014-03-13T23:40:57+00:00 Categories: Home Loan Programs|

How has home affordability changed over the years?

Although the prices of homes have risen, the ability to afford a home has improved.  See the chart below for detailed explanation. Wow, the payment to finance a median priced home is nearly unchanged from over 30 years ago:      This comparison is all the more dramatic when you realize that $921 was a much larger [...]

2014-05-30T20:11:23+00:00 Categories: Mortgage|

Is now a good time to move up?

Many clients have told us over the past couple of years they would like to move up to accommodate their growing families or to downsize now that the kids have moved on. While many have already done so, others have felt encumbered by a current home that couldn't be sold for a price that would [...]

2016-11-08T19:02:06+00:00 Categories: Uncategorized|
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