Home loan questions, answered

I offer conventional, FHA, VA, jumbo, and non-QM loans, refinancing, and Washington State Housing Finance Commission (WSHFC) programs. Which one fits depends on your income, credit, savings, and plans for the home.

No. Many buyers put down less than 20%. The minimum down payment depends on the loan program, and some programs, including VA loans for eligible borrowers, may allow little or no down payment. We would review your options together.

The WSHFC is a state agency that offers home loan and down payment assistance programs for eligible buyers. Eligibility rules, such as income and purchase price limits, change over time, so we confirm the current requirements before you decide.

A jumbo loan is a mortgage above the conforming loan limit set each year for your county. In high-priced areas like King County, many buyers fall into this range, so it comes up often in the Seattle market.

A non-QM (non-qualified mortgage) loan is for borrowers whose income or situation doesn't fit standard guidelines, such as self-employed buyers or investors. Terms differ from conventional loans, so it's worth comparing carefully.

Before. A conversation first tells you your realistic budget, what to fix or save for, and how to write a stronger offer.

Typically recent pay stubs, W-2s or tax returns, bank statements, and a government ID. Self-employed borrowers and investors may need more. I'll give you a checklist for your situation.

It depends on your current rate, how long you'll keep the home, closing costs, and your wider financial goals. I'll walk through the numbers with you so you can decide whether it helps.

I'm licensed in Washington, Oregon, California, and Arizona, and I lend across Seattle, Bellevue, Kirkland, Sammamish, Redmond, Tacoma, Spokane, Portland, and Phoenix.

Call (206) 910-5500 or email Cameron.Murray@movement.com. My office is at 2701 Eastlake Ave East, Suite 105 & 106, Seattle, and I'm available 9 a.m. to 5 p.m.