Summary: The loan-to-value ratio measures the mortgage amount against total home value. The property is collateral to be seized in the event of foreclosure. If the loan amount exceeds 80 percent of the value, the lender bears a greater risk…
Summary: Do you have questions about mortgage loan qualification requirements in the State of Washington? If the answer is yes, then you've come to the right place. Below, you can learn about some of the basic requirements for getting a…
Homes in the Seattle area are appreciating at the fastest rate in the nation. Over the last 12 months, for example, homes in Seattle have gone up 14.1%, Bellevue 12.1% and here in Sammamish, 12.2%. Even though those rates—what real…
When you buy a home, you can choose to pay for a portion of the home up-front without financing through a down payment. The down payment is given to the seller and the remaining balance is financed through your mortgage…