Darel's Wenatchee Area Lending Blog

Affordable Housing in Washington was dealt a serious blow this week when the Washington State Housing Finance Commission (WSHFC) issued a statement announcing the restriction of funds for their popular House Key program.  We have put a lot of first-timers into homes in recent years with this grea...

In North Central Washington, there are still some affordable homes, although they are getting harder to find. First Time Homebuyers and Veterans have a great opportunity to do 100% financing at low fixed rates under the HouseKey program offered by the Washington State Housing Finance Commission (...

I had the honor of being interviewed by Geordie Romer on his Blog site. You can really tell how much someone knows by the level of questions they ask, and Geordie cetainly impressed me with his interview questions. Check it out here.

There are several great programs that provide members of the Colville Confederated Tribes with low interest mortgages and down-payment assistance for homes on or off reservation lands.  I recently financed a first home for a couple (she is a Tribal member), where they were able to combine a Down ...

In our area of Eastern Washington (which includes the markets of Leavenworth, Wenatchee, Chelan, Quincy, and Okanogan County), we have a limited supply of available homes for sale, and a lot of people wanting to buy.  Also, with only a few exceptions, we don't have the large scale developments th...

Washington State is offering a great program for low rate mortgage financing for US Veterans.  This is not a VA loan, this is State Bond program called House Key, which is primarily set up for First Time Homebuyers.  However, Veterans are offered a one-time chance to use this program, even if the...