2013 Mortgage Loan Limits for King County

rate changes

The 2013 mortgage loan limits for the  greater Seattle area are for the most part, the same as 2012.  The following loan limits apply for homes located in King, Snohomish or Pierce Counties. Conforming: 1 Unit: $506,000 2 Unit: $647,750 3 Unit: $783,000 4 Unit: $973,100 FHA: 1 Unit: $567,500 2 Unit: $726,500 3 Unit: [...]

Lenders Jacking the Cost to Extend Locks

A lock extension is what is required when a loan does not close in the time frame as arranged with the original lock. Lo

2012 Conforming and FHA Loan Limits for King County

The 2012 Conforming and FHA loan limits for King, Pierce and Snohomish Counties have been announced… ready for a littl

Washington Association of Mortgage Professionals Celebrates 25 Years

Next Thursday evening, the Washington Association of Mortgage Professionals has organized a “gala event” to celebrate it

Yield Spread – A Novel

Yield Spread is a novel written by Roger Rheinheimer, who in addition to being a full time lender in Port Angeles is the

Mortgage Rates – A “volatile” market this month

Interest rates have been very volatile in June. This Poll Post on Seattle Bubble and the chart below are a good reminder

Major Bank No Longer Accepting Third Party Underwriting (aka pmi)

Earlier this month, I learned that a big bank is no longer accepting “third party underwriting”.  Third party or contrac

A First of It’s Kind: Mortgage Tech Summit

I am very excited to be participating and attending the Mortgage Tech Summit in Denver this week.  If there is an event

JUST RELEASED: Two Proposed Good Faith Estimates

Consumers and industry professionals can vote on two options for the new Good Faith Estimate that was just released by t

High Balance Conforming and FHA Loan Limits to be Reduced after Summer

As of October 1, 2011, high balance loan limits in greater Seattle are set to be reduced from $567,500 to $506,000 for a