Mortgage Basics: Washington Mortgage Education
Before securing financing for a property, it is important to be familiar with a few mortgage basics: The loan process, types of loan programs available, common mortgage terms, and factors affecting your loan, such as credit. Much of this information will also be useful when refinancing. Things You Need to Know Before Buying or Refinancing
a Home
This section contains information that will help you better understand mortgage basics. However, you should still consult an experienced Loan Officer when you have questions or need advice or should you need someone to explain refinancing a mortgage.
Below are links to simple, clear explanations that can aid in making your mortgage experience a smooth one.
Credit Basics
Types of Loans
Common Terms
Seattle Metro Mortgage is a division of Metrocities Mortgage, LLC, a Delaware limited liability company. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. Neither Keller Williams Realty nor its affiliated companies warrant any product or service delivered under this program. All products and services are provided by Seattle Metro Mortgage.