Lakewood's #1 VA Mortgage Expert - Kevin T
Tacoma and local Northwest Mortgage Information. Program guidelines, recent changes that affect the mortgage industry
ARCHIVED BLOG POSTS
2011
More than likely this roof will need to be cleaned prior to closing. Not only will the homeowner/seller incur the cost of the cleaning the roof, but also a re-inspection fee to verify the work has been completed. Re-inspection fees generally run around $75-$100. Plus treating moss will extend...
02/25/2011
Conventional Loans The Homeowner's Protection Act (HPA) of 1998 What Loans Are Covered? Generally, the HPA applies to residential mortgage transactions obtained on or after July 29, 1999, but it also has requirements for loans obtained before that date. This new law does not cover VA and FHA ...
02/18/2011
HUD will increase the annual portion of the FHA Mortgage Insurance Premium for case numbers assigned on or after April 18th, 2011. In this example of a $163,000 purchase, the monthly payment increase is $33.00 per month. Now is a great time to buy... More inventory, great mortgage rates, and lo...
02/15/2011
2011 Property tax rates for Pierce County are now available online. Did your property taxes go up or down? Click here to find out: http://epip.co.pierce.wa.us/CFApps/atr/ePIP/search.cfm
02/14/2011
When applying for a home loan, one item that will be requested is a copy of your one or two most recent bank statements. Ever wonder what the underwriter (person who says yes or no on your loan) looks for on your bank statement? First they will make sure it's the actual bank statement. Not an ...
02/07/2011
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Kevin Tinsley
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