Posts by Ryan Dorman

If you’ve been wondering if you should buy now or wait–here’s what you need to know! If you wait for rates to drop, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’ll get ahead of that and have the chance to start…

You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon! Rates have actually started to come down and recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac: And…

We know this past year has been difficult for homebuyers. If you’re someone who had started the process of searching for a home and then put your search on hold because the challenges in today’s market felt like too much to take on–you’re not alone in that! A Bright MLS study found that some of…

If you’re trying to decide if buying a home is worth it, consider the long-term benefits! Like building equity as home values grow over time. According to the FHFA, home values have increased by 315.7% since 1991. Home equity is one reason owning your own place can really pay off in the long run! Let’s…

Common myths and misconceptions surrounding Reverse Mortgages, let’s clear some things up! Myth #1: The Bank Owns Your Home: not true! With a Reverse Mortgage, homeowners retain ownership and title of their home just like a traditional mortgage, the lender only has a lien against the property to secure the loan. Myth #2: You Can…

Where to start when buying a home? Doing things in the right order can save you a lot time, stress and money! Step One: get pre-approved! Step Two: make a list of what you want and need in the home you want to buy Step Three: find a qualified, local real estate agent to help…

For many seniors, their home represents a substantial portion of their wealth. Making informed decisions about mortgage lending can have a significant impact on their financial security and quality of life. Here are some key reasons why this topic is so crucial for seniors: Financial Stability in Retirement: Choosing the right mortgage option can help seniors…

There’s a lot of questions people have surrounding down payment–is 20% a requirement? Not at all, there are definitely other alternatives! There’s down payment assistance options, there’s programs that allow you to put 0% down or a little down. We’d love to coach you through it, give us a call today! 206-590-2414

There’s a few things to consider before you buy a home: 1- are you going to be living in the home for at least three years? 2- do you have a solid job and any savings for a down payment or other costs? 3- are you comfortable with the mortgage payment? We are here to…

How long does it take to get pre-approved for a home loan? And how long does that pre-approval last? Great questions! Getting pre-approved can be a very fast process, it depends on how quickly you can help us navigate gathering documents and getting us all the necessary information. Sometimes you can be pre-approved within 24…