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Updated over 10 years ago,
First Property!
Hey Everyone, I have been on the site for months now. Doing a lot of reading and researching and I'm getting ready to pull the trigger and buy my first property!
I'm going for a meeting with a mortgage broker in the Seattle area this week and from what I understand It should be easy for me to get a loan.
1.Credit score over 760
2.Household income over $100k net
3.No debt
4.Between me and the wife about $100k in assets
5.$35k Cash for downpayment
We are looking to spend max $300k on a house, any idea on the APR to expect for a 30year conventional loan in Seattle,WA.
Also has anyone had any luck with the credit union BECU?
Best Regards,
Lucas