Will an appraisal I had 5 months ago accurately reflect current value?
Maybe. If it was an FHA or VA appraisal, a buyer can still use it (up to 6 months)to secure a FHA/VA loan. If not, a new appraisal would need to be ordered.If you're interested in listing your property, a Realtor should be able to do a Competitive Market Analysis to determine the best and current value to sell...

How much do I need to put down to avoid MI?
Are you VA eligible? NO MI.Have you considered a HomePath home? NO MI.Got 20% down? NO MI.If you said no to all 3, you can consider some of the other options folks have mentioned, Lender Paid MI, Split MI, have the seller pay some fees to cover some of it, pay extra each month to lower your principal balance...

how can i get the seller to pay my closing costs?
That is something negotiated between the buyer and seller when making an offer to buy the home. It is something that is handled by the Realtor when submitting an offer.For example, your offer could say: "I'll buy the home for full asking price, but you help out with closing costs (typically, up to 3% of...

Using fha loan for a townhome
Give me a call, there's some complexities involved when buying a condo or townhome. Your score should be fine, your income will determine the maximum loan amount. Monthly payment will be driven mostly by the combination of purchase price, interest rate, property taxes, insurance. my number is...

Will fHA 203k fund house project for adding new bathroom?
Give me a call or email, we can discuss the details, but the short answer is yes. Greg Ocken , cell 253.426.0016 , greg@loansthrugreg.com

Looking for a JUMBO loan in WA that offers 5% down?
Hi there. Traditionally most Jumbo Loans require 20% down, however, we recently announced an in-house jumbo loan that only requires 10% down. It's a great product, and since we underwrite it in-house, we can close quickly. What's the purchase price amount you're interested in? You can call me at 253...

Are mortgage rates higher or lower on a Jumbo loan? Looking in WA
Are you looking in Pierce/King/Snohomish counties? if so, I'd be glad to help. Loan size up to $417k is considered 'conforming', loan sizes up to $540,500 are considered 'high balance', loan sizes above 540,500 are considered 'jumbo'. Conforming and High Balance can typically be done with 5%...

How do I find a list of areas in WA that are considered USDA for loan purposes?
Let me know if I can help. Here's the info... -Greg 253.426.0016USDA Link for Eligibilityhttp://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1Left hand side, under Property Eligibility, click Single Family HousingClick Acceptinput city, state, hit go

What can happen if a post-closing mortgage condition is not met?
Once you the loan closes, and the Realtor hands you the keys, the escrow company makes the switch (monies from buyer to seller) and the title company makes the switch (records new ownership in public records at county). There's no turning back at that point. It is fully yours, and you are obligated to...