.jpg "Michael Mullin")
Welcome to our site!
Thank you for stopping by our mortgage web site. Even though we have taken special care and consideration to pack this online resource with a wealth of knowledge about the mortgage and real estate process, we want ...
8 Questions Your Lender Should Answer About Mortgage Rates
Simply checking online for today's posted rate may not lead to your expected outcome due to the many factors that can cause each individual rate and closing cost scenario to fluctuate. We can preach communication ...
How Much Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The Quick Answer: If we're simply considering the financial math, lenders will calculate your Debt-to-I ... Read More...
Four Possible Reasons To Refinance
A mortgage is generally the largest debt most homeowners have to manage. It's a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a home ...
Pre-Approval versus Pre-Qualification
Loan Pre-Approval versus Pre-Qualification: There’s An Important Difference
I often hear “pre-approval” and “pre-qualification” spoken about as if they are the same thing and that couldn’t be further from the truth. Part of the confusion is that there is no legal definition of eithe ...
Read More...
Spokane Home Shoppers: How To Get Your Offer Accepted
Home Shoppers: How To Get Your Offer Accepted
Want the secret to getting your purchase offer accepted and reduce the stress of the process? Regardless the market condition, preparation is the key.
The very first thing you need to take care of is your finances. How much home can you qualify ...
Read More...
Trying To Find Spokane's Best Mortgage Interest Rate?
If you call me and say “I’m shopping for the best rates and have spoken to 3 other lenders. What can you offer?” I’m likely to respond “I respect your desire to obtain the ‘best’ rate and I know you are just trying to avoid being ripped off by a lender. But by leading with that questio ...
Read More...
HARP Extended For Spokane Home Owners
HARP 2.0 Extended For Spokane Home Owners
Currently set to expire at the end of this year, the Making Home Affordable Refinance Program (HARP) has just been extended two years until December 31, 2015. “More than 2 million homeowners have refinanced through HARP, proving it a useful ...
Read More...
Is USDA Rural Home Loan Or An FHA Mortgage Better For Spokane Home Buyers?
With so many homes in Spokane and Stevens Counties that are potentially eligible to be purchased with a USDA Rural Home Loan, I'm surprised it's not u ...
HARP 3.0 Proposed To Help Underwater Spokane WA Homeowners
HARP 3.0 is being proposed by the President to help Spokane WA home owners who are underwater with their mortgage. Another State of the Union address and more suggestions of hel ...
