Mortgage

FHA Borrowers in Washington Have Higher Debt-to-Income Ratios Today
May 3, 2022
3 min read
FHA Borrowers in Washington Have Higher Debt-to-Income Ratios Today
If you are applying for an FHA loan to buy a house, your debt-to-income ratio will be assessed....
Prepaid Items for Escrow Reserves: What Borrowers Need to Know
January 26, 2022
4 min read
Prepaid Items for Escrow Reserves: What Borrowers Need to Know
We receive a lot of questions from borrowers regarding the prepaid items that go into their escrow...
What Happens During the Mortgage Underwriting Process?
November 12, 2021
4 min read
What Happens During the Mortgage Underwriting Process?
Summary: Are you curious about the underwriting process when taking out a mortgage? This article...
More 3% Down Payment Mortgages in Washington
September 8, 2021
4 min read
More 3% Down Payment Mortgages in Washington
Summary: We’ve written about low down payment mortgages in the past, noting that some mortgage...
Update on Home Equity Loan Deductions in Washington State
March 8, 2022
4 min read
Update on Home Equity Loan Deductions in Washington State
If you have a home equity loan in Washington, can it be deducted when you file your taxes? This...
Who Pays Title Insurance Costs in Washington, Buyer or Seller?
November 19, 2021
4 min read
Who Pays Title Insurance Costs in Washington, Buyer or Seller?
Summary: Title insurance is a common requirement for mortgage loans in Washington State. But who...

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