Who Pays the VA closing costs on a VA loan in Washington State

A VA loan is a type of mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA). These loans are designed to help veterans, active-duty service members, and certain surviving spouses purchase a home. One of the biggest benefits of a VA loan is that it does not require a down payment, […]

2023 VA Loan Limits in Pierce County and Washington State

2023 VA Loan Limits in Pierce County and Washington State.  This applies if you have already used some of your VA entitlement, otherwise there’s currently not a VA loan limit in Washington State. As you can see below, you have more buying power in King, Pierce and Snohomish Counites in Washington State using VA partial […]

I have a property where the garage was converted to a room, but it wasn’t permitted. Will the VA require it to be converted back?

Great question, VA will only require unpermitted work to be redone if it doesn’t meet city codes and ordinance. If the appraisal doesn’t call it out and they consider it to be a room you will be fine. I would make sure you have something in writing from the city that states Garage conversions can […]

VAHomeLoans.com vs Veteran’s United, Rocket Loans, and USAA.

With interest rate going up almost daily, it can pay to shop around for your Washington State VA loan. I’m hearing from customers, that rates can fluctuate by .5% to 1% depending on the lender, length of lock in, and terms of the loan. If you would like a custom quote for a VA loan […]

VA Mortgage Rates in Washington State for the week of Sept 19th – 23rd.

All eyes are on the Federal Reserve to see by how much they raise the Fed Funds rate. Most are predicting an increase of between .75% – 1.00%. What will that do to mortgage rates? What is Fed Funds Rate? The federal funds rate is the interest rate at which depository institutions lend reserve balances […]