wa state

Are you planning to buy your first home in the state of Washington sometime during 2024? Wondering what the real estate market might be like next year and how it could affect you? If so, you're in the right place. Sammamish Mortgage created this report to bring first-time home buyers up to speed on current market trends across the state of Washington so you can enter the market more prepared.'

If you buy a home in the state of Washington using an FHA loan, you will most likely be required to sign an FHA amendatory clause. The seller will have to sign it as well. This clause is sometimes written directly into the purchase agreement or real estate contract. Other times, it might be attached as an addendum to the contract. But in either case, it serves the same purpose.'

There are several critical stages along the path to VA loan approval and closing. Mortgage underwriting is one of these critical stages. In this guide, we will walk through the different steps in the VA loan underwriting process and explain what borrowers can do to help keep that process on track.'

People tend to have many questions about the home appraisal process in Washington, and we've addressed some of them in the past. In this article, we'll review the average cost of an appraisal in Washington, factors influencing the cost, and scenarios where an appraisal might either be required or warranted.'

VA loans are a popular mortgage option among military members and veterans in the state of Washington. Our state has a relatively large number of active-duty military, National Guard, reservists, and veterans. So, there are a lot of people who can benefit from this program. VA loans also tend to generate a lot of questions among borrowers, especially when it comes to the maximum amount they can borrow. Today, we will address one of these frequently asked questions: What's the most I can borrow with a VA loan in Washington?'

​​If you're going to use a mortgage loan to buy a home in the state of Washington, you'll probably experience the home appraisal process firsthand. In this article, we will explain the interconnected relationship between home appraisals, comparable sales, and market values. More importantly, you'll learn how these things can influence the amount of money you're able to borrow when buying a home.'