Category: First Time Buyer

Is This Your Situation: What Questions Will a Mortgage Lender Ask of Me?

While you may be eager to start searching for your dream home right away, the first step in preparing to buy a home is understanding how much home you can afford. To figure this out, you should get prequalified or preapproved by a lender, who will tell you the maximum...

Playback: ‘Open House’: Corinna Obar, WA State Housing Finance

This week on ‘Open House’ we talked about things were thankful for, programs like the Washington State Housing Finance Commission. We had Corinna Obar on the show, she told us us about programs that can help a home buyer get into a home much quicker, with low down payment, and...

Is This Your Situation: Should I Opt for a Conventional Home Loan or an FHA Loan?

Those who opt for a conventional loan versus those who choose Federal Housing Administration (FHA) loans have different buyer profiles. The buyer profile for someone seeking a conventional loan will have a different financial background from someone seeking an FHA loan. In order to determine which type of mortgage loan...