Category: mortgage

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...

Listen to this week’s ‘Open House’: Andy McDonough, SVP of Homestreet Bank

On this week’s ‘Open House with Team Reba’ radio show, Reba and Eric welcomed to the show Andy McDonough, SVP of Homestreet Bank. Andy is the Divisional manager for residential lending in the Puget Sound and Northern California areas. Andy and Eric prognosticate on what to expect for interest rates...

Is This Your Situation: Is It Risky to Buy a New Home Before Selling My Current One?

Which comes first, the chicken (buying a new home) or the egg (selling your current home)? There is no simple answer. Knowing and understanding your options can help you make the decision that’s right for you. There can be several advantages to buying a new home before selling your current...