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RhondaPorter

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RhondaPorter
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  • Sellers and Real Estate Agents prefer local lenders as they tend to be more accountable than a lender who's located in another state with nothing nothing to lose. Many agents also prefer not to work with larger banks for the same reason - the proce…
    in Local bank vs. National bank for Mortgage Comment by RhondaPorter January 2018
  • Also check out the financing options before you get too far into a transaction with a condo... underwriting guidelines are much tougher on condo's than single family homes.
    in Bellevue Condos - Is the timing right? Comment by RhondaPorter July 2010
  • I don't think it's ever a good reason to "hurry up and buy" (hardly ever)... one factor to consider is mortgage rates. I do think they will be higher after March and an other program is the tightening of mortgage programs/underwriting guidelines. …
    in $8K tax credit - not a good reason to buy now? Comment by RhondaPorter January 2010
  • Sasha, As the others have mentioned in this thread, you will need to have your home appraise high enough to where there is at least 20% equity. Appraisals with refinances have been pretty challenging in our area as the appraised value is based on …
    in Question about refinancing Comment by RhondaPorter December 2009