Great news!  There is a jumbo loan available for higher priced homes.  Here are a few highlights to reference: Max Purchase Price Down Payment $833,333 10% $1,000,000 15%  Minimum credit score: 740  Six months “reserve” ... Read More

Posted on Jeff McGinnis Blog on February 17th, 2012

You’ve probably heard of the HARP program.  If not, it is a conventional mortgage loan program that helps home owners that are underwater on their homes refinance their properties without the need for mortgage insurance.  The common n... Read More

Posted on Jeff McGinnis Blog on February 3rd, 2012

     “My spouse is entitled to share in the equity we have in our home…how is this handled?” The equity in the home needs to be determined by an appraiser – call us if you need a recommendation and referra... Read More

Posted on Jeff McGinnis Blog on February 2nd, 2012

Click here for the Inside Lending  For the week of January 30, 2012 – Vol. 10, Issue 5 As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle area I will provide you with in... Read More

Posted on Jeff McGinnis Blog on January 31st, 2012

Click here for the Inside Lending  For the week of January 23, 2012 – Vol. 10, Issue 4  As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle area I will provide you wi... Read More

Posted on Jeff McGinnis Blog on January 23rd, 2012

As a result of the Temporary Payroll Tax Cut Continuation Act of 2011, the Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to increase loan guarantee fees. In turn Fannie & Freddie have given short notice and they have begun to... Read More

Posted on Jeff McGinnis Blog on January 23rd, 2012

When I started in mortgage banking in 1997 I discovered quickly that there were six things that covered 90% of what went into every mortgage file.  It didn’t matter whether the client’s goal was to get pre-approved for an FHA mortgage as a first... Read More

Posted on Jeff McGinnis Blog on January 19th, 2012

Click here for the Inside Lending  For the week of January 16, 2012 – Vol. 10, Issue 3  As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle area I will provide you wi... Read More

Posted on Jeff McGinnis Blog on January 16th, 2012

Click here for the Inside Lending  for the week of January 9, 2012 – Vol. 10, Issue 2 As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle area I will provide you with info... Read More

Posted on Jeff McGinnis Blog on January 9th, 2012

Hope you closed out 2011 with success, happiness, and joy! My team and I are ready to close your purchases quickly, smoothly, with as little stress as possible.  There are a few tools that I’ve posted for you on the website:  http://w... Read More

Posted on Jeff McGinnis Blog on January 3rd, 2012

Click here for the Inside Lending  for the week of January 2, 2012 – Vol. 10, Issue 1  As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle area I will provide you wit... Read More

Posted on Jeff McGinnis Blog on January 3rd, 2012

Click here for the Inside Lending Newsletter from Jeff McGinnis For the week of December 27, 2011 – Vol. 9, Issue 52  As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle a... Read More

Posted on Jeff McGinnis Blog on December 27th, 2011

I talk about how interest rates work with clients, friends, and in lunch and learn classes on a daily basis.   Whether you’re goal is to get pre-approved for an FHA mortgage as a first time home buyer, a conventional mortgage for a re... Read More

Posted on Jeff McGinnis Blog on December 27th, 2011

Whether you’re goal is to get pre-approved for an FHA mortgage as a first time home buyer, a conventional mortgage for a refinance, or a Jumbo mortgage for that perfect home, credit is extremely important.  This video will give some insight into o... Read More

Posted on Jeff McGinnis Blog on December 22nd, 2011

Click here for the Inside Lending Newsletter From Jeff McGinnis For the week of December 19, 2011 – Vol. 9, Issue 51  As your first time home buyer,  Jumbo, FHA, VA, conventional, and USDA loan specialist in the Bellevue and Seattle a... Read More

Posted on Jeff McGinnis Blog on December 19th, 2011

The mortgage approval process when going through a divorce can be confusing and tricky.  I’ve been a mortgage expert in divorce situations (using, FHA, Conventional, VA, and Jumbo loan programs) in the Bellevue, Seattle, and surrounding ar... Read More

Posted on Jeff McGinnis Blog on December 12th, 2011

As your conventional, FHA, VA, and jumbo mortgage loan specialist for Seattle, Bellevue, and outlying areas, I’m always on the lookout for good articles about housing.   Here’s a great article about housing recovery in the North... Read More

Posted on Jeff McGinnis Blog on December 6th, 2011

I’d like to introduce you to Caroline White.  She is the new Production Manager / Mortgage Specialist in Bellevue for the McGinnis Team.  We are very lucky to have her be a part of the group.  Caroline is a very experienced and l... Read More

Posted on Jeff McGinnis Blog on December 2nd, 2011