Here are answers to some commonly asked questions. If you
have questions that aren't listed, contact us at 425-417-7940.
You can email us at
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It shouldn't be a problem. There are many programs available today that require less than 5% down payment. We recomment calling us and we will find the right program for you.
Yes, the different types of loan programs being offered are changing
every day. We find tailored loan scenario for all our clients.
Unlike big banks that are restricted to using loan programs and
rates being offered at that time by the bank, we have access to
many lenders. What we do is find the lender that best fits your needs.
Call us today and let us show you what we can do for you.
Yes, you can. However, the rules regarding this issue are constantly changing. Your best bet would be to contact your accountant.
The main difference between fixed-rate and adjustable-rate mortgages lies in how interest rates change over the loan term. Fixed-rate mortgages have a constant interest rate for the life of the loan, ensuring predictable monthly payments. Adjustable-rate mortgages (ARMs) have interest rates that fluctuate, potentially leading to higher or lower monthly payments. Give us a call to get more personalized comparison.
There's no single answer to whether a fixed or adjustable rate mortgage is "better". It depends on your individual circumstances and risk tolerance. Fixed-rate mortgages offer predictable payments and protection against rising interest rates, while adjustable-rate mortgages (ARMs) can start with lower interest rates and may be beneficial if you plan to move or refinance before rates rise
Private mortgage insurance (PMI) policies are designed to reimburse a mortgage lender up to a certain amount if you default on your loan. Most lenders require PMI on loans where the borrower makes a down payment of less than 20%. Premiums are usually paid monthly or can be financed. Except for some government and older loans, you may be able to drop the mortgage insurance once your equity in the house reaches 22% and you've made timely mortgage payments. The Servicing Lender will have the requirements for canceling the mortgage insurance.