Archive for the ‘Marketing Department’ Category

Your down payment is the portion of the purchase price of your new home that you pay in cash up front. The amount of your down payment impacts your available equity and your monthly payment—the larger your down payment, the smaller your monthly payment because you are borrowing less. This upfront cash can be worrisome,…

Continue Reading »

Seattle is one of the hottest housing markets in the country and median home values are at a record high. With high demand and very low inventory of available homes for sale, it is a challenging market for buyers. “Jumbo” mortgages used to be reserved for only the most expensive properties but as home prices…

Continue Reading »

Many people think of big banks when they think of mortgages. But did you know that credit unions do mortgage loans as well? We want to correct some common misconceptions about credit unions and mortgages. “Even small banks tend to offer more mortgage products than credit unions do.” For many credit unions, like Verity, the…

Continue Reading »