Woodbridge Mortgage News Blog

Effective April 5th, the new requirements go into effect for FHA Loans.  Buyers having a credit score below 580 the down payment is now increased to 10% of the purchase price. The lowest credit score for an FHA buyer to qualify is 580 and most lenders will not even consider FHA if the credit scor...

Today we are showcasing a new construction home listing near downtown Bellevue at 10706 SE 10th Street. offered at $999,950.  The new home is a pre-sale offering by Madrona Custom Homes, a builder that has recently come on the scenes.  Peter Strandell is the principal of Madrona Custom Homes, bas...

If you are entering into a real estate transaction, always be sure to have the seller point out the corner stakes of the property lines.  Sight along those lines to take a quick inventory of trees, fences, overhanging branches, or back yard sheds that may cross over the property lines.  People wh...