You may or may not have heard about the HARP 2.0 program.  It's also known as RefiPlus.  This loan helps people refinance their homes who are underwater (the value of the property is less than the amount owed).  We can help y... Read More

Posted on Jeff McGinnis Blog on May 10th, 2012

If you or your buyer are trying to purchase a non warrantable condo in Seattle, Bellevue, or surrounding areas, you may have found it difficult to do so with an FHA, VA, Fannie Mae, or conventional mortgage. However, we may have a solution for you a... Read More

Posted on Jeff McGinnis Blog on April 20th, 2012

The Foreign NationalProgram - financing that  makes buying a U.S.  home easier for non-U.S. citizens Are you a citizen of another country who wants to purchase a home in the United States? Talk to us. We have a mortgage just for you that ma... Read More

Posted on Jeff McGinnis Blog on April 3rd, 2012

I thought I would make a little game out of this.  Check out the following link:  http://mcedge.tv/16ccbq and let me know whether you think this client should continue renting or own this property!  First one to answer using the blog g... Read More

Posted on Jeff McGinnis Blog on March 27th, 2012

Yes it’s the seemingly bi-polar antics of FHA and the Federal Government.  They are reducing the mortgage insurance rates for refinances.   Click on this article from Bloomberg for the details. The general information is if your ... Read More

Posted on Jeff McGinnis Blog on March 8th, 2012

FHA will be increasing their mortgage insurance premiums once again, slated for new case number requests on April 1st. A couple years ago, a buyer on a $350,000 home would pay ~$177/month in equivalent mortgage insurance. The new FHA mortgage insuran... Read More

Posted on Jeff McGinnis Blog on March 6th, 2012

FHA Takes Additional Steps to Bolster Capital Reserves While Minimizing Cost to Borrowers Written by: Carol Galante Today, FHA announced a new premium structure for FHA-insured single family mortgages: as of this spring, the annual mortgage insurance... Read More

Posted on Jeff McGinnis Blog on February 28th, 2012

For borrowers that already have four properties financed, it has been difficult to find reasonable financing.  Not anymore.  Wallick & Volk now has a program for borrowers that have between 5 and 10 properties financed.  Below are ... Read More

Posted on Jeff McGinnis Blog on February 24th, 2012

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