Article summary: Sammamish Mortgage offers home loans with reduced private mortgage insurance (PMI) premiums. These products could benefit many borrowers in Washington and Oregon, our primary service area. Why Some Home Buyers Have to Pay PMI Some home buyers in…
Mortgage calculators are a useful tool for Washington home buyers who are planning to use a home loan in the near future. These calculators give you a lot of insight you wouldn't have otherwise. We offer an advanced mortgage calculator…
This article is part of an ongoing series that covers some of the most common mortgage financing strategies used by home buyers. Today, we'll look at how some borrowers combine a first and second mortgage loan when buying a house…
The concept of shopping locally has become increasingly popular in recent years. These days, people are looking to local companies for everything from books to produce. So why not mortgage loans? A recent article in the Wall Street Journal suggests…
The HomeOne mortgage product being rolled out by Freddie Mac could make 3% down payment mortgage loans available to more Washington home buyers, staring in summer 2018. We've written about low down payment mortgages in the past, noting that some mortgage…
There have been a lot of developments over the past year that are relevant to home buyers in Washington. From mortgage rates to home prices, we've seen quite a bit of change across the real estate industry. So let's get…
Earlier this week, Congress's Joint Committee on Taxation released a report showing that fewer homeowners in Washington State and nationwide will benefit from mortgage interest deductions in 2018. Following the passage of the Tax Cuts and Jobs Act, which was…
In a previous blog article, we talked about the importance of credit scores when it comes to qualifying for a mortgage loan. In short, Washington State home buyers and homeowners who want to qualify for financing need to have a…
In a previous blog post, we discussed some of the different types of mortgage loans available to home buyers and homeowners in Washington. Today, we'll zero in on the key distinctions between 15-year and 30-year fixed-rate mortgage products. Here's an…
For many home buyers in Washington, there are two primary obstacles to buying a home. The down payment and closing costs. But they might only be perceived obstacles. There are ways to reduce these upfront expenses. This article explains how…