First Time Homebuyers Need Mortgages Simplified

first_imgFacebook7Tweet0Pin0Submitted by Chris Johns for On Q FinancialThere’s a saying that many of us try to live by: “Keep It Simple Stupid” (aka KISS). Not insinuating that people are stupid, but like any other kind of information that’s not familiar to us—we need to be able to sift through it to grasp the basic points. What better way to understand something than to keep it simple in the first place?This is the foundation behind On Q Financial Mortgages Simplified approach to home loans. In Part 1 of this blog series, I covered the basis for Mortgages Simplified but nowhere is the need greater for its use, perhaps, than with first-time homebuyers. Why?Chris Johns live in Olympia with his family and helps other families purchase their own home at On Q Financial. Photo courtesy: Chris Johns.Think of the home buying process like learning how to ride a bike. No matter how many times you hear how to do it from someone else, the only way you learn is by actually doing it—riding the bicycle. If you fall, you simply get back up, hop on the bike, and ride again. With homeownership, falling can be a more painful experience to your wallet, if you don’t get the right coaches to keep you on track.With the end of the year approaching (sooner than you think), and filing for those sacred tax refunds is just around the corner, now is the perfect time to learn how to ride the proverbial home loan bicycle so you don’t take a fall. Whatever you do between now and April 15, make homeownership a consideration.If you’re a would-be first time homebuyer, let me introduce you to the Mortgages Simplified process.  Think of it as a streamlined, straight line to the finish line. So how do you get from start to finish? Clear, consistent communication with the people who will serve as your mortgage coaches: the loan originator, loan processor, and transaction coordinator.The loan originator is usually your initial point of contact. They are licensed professionals and usually the lead in your business partnership helping you work through the entire process. They will help you with your loan options (FHA, VA, Conventional, 30- 15-year fixed, or ARM programs) and tell you how much home you qualify for, what your interest rate is, and continue to guide you through the escrow period until your loan closes. The escrow period is the timeframe established in the purchase contract. It allows home buyers the time needed to achieve full loan approval, in addition to completing property inspections, and ultimately funding their loan for the successful transfer of the property.The loan processor takes your financial, credit, rental history, and income verification information that you provide and builds your loan file so that it is ready to give to the loan underwriter.Call Chris! He can walk you through the Mortgages Simplified program making buying a home smoother and easier from the start. Photo courtesy: Chris Johns.The loan underwriter has an eye for detail and reviews the documents in your file to ensure your information meets with the specific loan guidelines. If they need more information to strengthen your file, they will ask—even up to the day of closing on your new home.Loan originators are often extremely busy as they handle both new home purchases and refinances so they often work with transaction coordinator to ensure that the clear, consistent communication I mentioned earlier is maintained.Mortgages Simplified works like a KISS (keep it simple stupid). It works even better when you, the first-time homebuyer, opt to work with a professional REALTOR®. If you don’t know of one, and you may not if you haven’t done this before, ask your loan originator for a referral.The typical escrow period on a home purchase is 30-45 days, from signing the purchase contract to owning your new home. Ask your Realtor® and Loan Originator what escrow period works best for your loan type and property.Before you get your new house keys, take note of the following steps in the purchase process:Home Inspection PeriodAppraisalDuring the escrow, you will have a home inspection period. This is the time to consider hiring a reputable home inspector (third party) who will check all the systems of the home such as the plumbing, electrical, AC/heating, roof, insulation and basic structural aspects of the home. It allows you the more detailed information you need about the home so you have a better idea of what you’re buying. If there are too many repairs needed, you can ask the seller to repair the items, or decide to cancel the contract (as long as you cancel during the inspection period).The appraisal is a report conducted by an appraiser that your lender sends to the property during the escrow period. The appraiser measures the property and verifies the lot size, square footage, and assesses the condition of the home. With these findings the appraiser uses any one of three different approaches to measure the property’s value. The appraisal is crucial to the mortgage as a lender will not provide loan funds for a property that has a value less than what the purchase contract is written for. If the property does get appraised under purchase price value, it allows the buyer the opportunity to renegotiate the purchase contract or cancel the contract.For both the home inspection and appraisal aspects of the purchase contract, consult with a Realtor® for more detailed information.The Johns Team helps home buyers in Thurston County each day make their dream home a reality. Photo courtesy: Chris Johns.Did this seem complicated? Remember, you don’t have to be the experts. Sure, do all the research you can. Become informed. But remember that bicycle I referenced in the beginning of this blog? There’s no reason for you to fall off the home purchase process. With Mortgages Simplified at On Q Financial, you have the right coaches there at your side with every turn of the wheel. We’ll guide you from start to the finish line. All it takes is a KISS.If patience isn’t your virtue, look for my next blog that highlights the benefits of a 15-year loan and how it can turn your home into a giant piggybank!For more information or to contact Chris Johns at On Q Financial, visit or call (360) 347-8000.NMLS #85440 WA LICENSE #MLO-85440On Q Financial, Inc. is an Equal Housing Lender. NMLS# 5645 / Washington Lender #CL–5645. This material is provided for information and educational purposes only.  The material is deemed to be accurate and reliable at the time of being published.  This is not an offer for extension of credit or a commitment to lend. Some restrictions may apply.CJ120616068i0000002CoBG.last_img read more

Palmdale soldier killed in Baghdad roadside blast

first_imgAllen’s military awards and decorations include a Navy Unit Commendation Medal, Army Good Conduct Medal, National Defense Service Medal, and a Navy Sea Service Deployment Ribbon, Army officials said. Also killed in the incident were Sgt. Ed Santini, 25, of Toa Baja, Puerto Rico; Pfc. William N. Davis, 26, of Adrian, Mich; and Pfc. John F. Landry Jr., 20, of Lowell, Mass. All four soldiers were posthumously awarded the Bronze Star and the Purple Heart. Fort Bliss will be holding a memorial service for the four soldiers April 21. The soldiers were deployed overseas in late October to provide stability and security operations, Army officials said. (661) 267-5743160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! PALMDALE – A Palmdale man was among the four soldiers killed in combat Saturday in Baghdad, Defense Department officials said Tuesday. Sgt. John E. Allen, 25, and the three others died when a roadside bomb detonated near their vehicle. All four soldiers were assigned to the 2nd Battalion, 12th Cavalry Regiment, 4th Brigade Combat Team, 1st Cavalry Division, Fort Bliss, Texas. Allen was a health care specialist who joined the Army in July 2001. Allen is survived by his wife, Army officials said. last_img read more

‘An act of betrayal!’ Chelsea fans SLAM Hazard after half-time shirt swap

first_img The Belgium playmaker limped off with a knock in the second half Eden Hazard did not do himself any favours in the Champions League defeat to Paris Saint-Germain. The out-of-sorts Chelsea playmaker – who has been linked with a move to the Parisians on multiple occasions this season – swapped shirts with Angel Di Maria at half-time. Hazard’s performances have already come under scrutiny this season and he limped off the pitch with a knock in the second half. Chelsea’s European campaign came to an end as they lost 4-2 on aggregate to the Ligue 1 side – read the report here. Fans were not pleased with his antics at the interval – see below! 1last_img

Saugus makes its case

first_imgIt’s easy to overlook Saugus High’s boys’ volleyball team when powerful Valencia and Canyon are the big names in the Foothill League. At least it was. The Centurions (20-7 overall, 3-5 Foothill) opened some eyes last weekend by winning the 18th annual Sylmar tournament, beating Taft of Woodland Hills 25-18 in the final. It was solid preparation for their regular-season finale Thursday against Hart and the Southern Section playoffs. “Yes, our league is difficult,” Saugus coach Zach Ambrose said. “Our record doesn’t look very good because we’re playing some very tough teams. But, hey, we’re playing some of our best volleyball right now.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl eventThe Centurions’ attack runs through setter Matt Terwall, a three-year varsity player who plans to walk on at UC San Diego. “He knows how to run the system to perfection,” Ambrose said. Steve Heinemann has developed into a reliable target after moving from the right side to the opposite six matches ago. The 5-foot-10 senior ranks among the team leaders in kills, hitting percentage and digs. “He’s exploded since the position change,” Ambrose said. “He’s quick, a great leaper and just a good all-around player.” Andy Farrell is the perfect complement in the middle, where his 6-3 frame poses problems for the opponent. He leads the team in kills, and Ambrose calls him “a true team player.” “They’re having good year. I’ve been impressed,” Valencia coach Mark Knudsen said. “They don`t play like a team that has seven losses. They`re tough. They never hang their heads. They could make a run in the playoffs.” Saugus is hoping for an at-large playoff berth, and its chances increased with the Sylmar triumph. All of its losses have come against teams ranked in their divisions. “We’re not 100 percent sure we’ve made the postseason, but we think we’ve done enough,” Ambrose said. “We’d be surprised if we didn’t make it.” (818) 713-3607160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img


first_imgFianna Fail Deputy Charlie McConlaogue has claimed Donegal Families have been hit with delays of up to 6 weeks in getting Back-to-School Allowance payments.The Donegal North East TD has said the situation has caused serious distress to many young families, who are struggling to budget the new school year.“I have been contacted by many parents who simply cannot cope with the costs associated with the new school year without the help of the Back-to-School Allowance. Donegal families are experiencing waiting times of up to six weeks, meaning many will not receive this vital financial support from the State until well after the school year has begun. In the meantime, they are struggling to pay for new school books, uniforms, stationery and other essential school items. “Fianna Fáil has written to the Minister Joan Burton to ask her to temporarily reassign staff within her department to speed up the processing of applications over the number few weeks. I believe this is a reasonable step that the Minister can take to ensure more parents receive financial support in advance of the new school year.“There are still tens of thousands of applications which have to be processed by the Department of Social Protection. Immediate temporary measures are needed to ease the current burden on families in Donegal and across the country who are waiting anxiously for the payment.“This is an extremely expensive time for families and we cannot have a situation where many are forced to wait several more weeks before they get the support that is available to them. I believe the waiting time can be reduced significantly if the Government takes action now.”ENDS DONEGAL PARENTS COULD WAIT UP TO SIX WEEKS FOR BACK-TO-SCHOOL ALLOWANCES was last modified: August 25th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more


first_imgA man from Northern Ireland has died in hospital in Sligo after a diving accident off Glencolmcille at the weekend.The 41-year-old, believed to be from Co Antrim, was taken to Sligo General Hospital by helicopter where he was later pronounced dead.Gardai say they are investigating the incident.  ANTRIM MAN DIES AFTER DIVING ACCIDENT NEAR GLENCOLMCILLE was last modified: April 16th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:ANTRIM MAN DIES AFTER DIVING ACCIDENT NEAR GLENCOLMCILLElast_img read more

Gergen Named MVC Volleyball Freshman of the Week

first_imgGergen had 11 total blocks over the weekend to lead the Bulldogs to split in its matches against MVC leader Missouri State and SIU. She also added 16 kills on 41 attempts and seven digs in the two matches. The weekly MVC honor marks the fourth for the Bulldogs this season and second Freshman of the Week honor. Previously, Emily Plock (Altoona, Iowa) was named the Freshman of the Week (Aug. 28.), Kyla Inderski (Urbandale, Iowa) the Player of the Week (Oct. 2) and Kylee Macke (Ankeny, Iowa) the Defensive Player of the Week (Oct. 9). Gergen is currently leading the MVC in blocks in conference games with 1.33 per set and has had three or more blocks in every MVC match this season. Gergen and the Bulldogs return to action Tuesday evening with a contest at No. 25 UNI. First serve is set for 7 p.m. at the McLeod Center. Print Friendly Version Against Missouri State, she helped hold off the Bears with an impressive fourth set that included four kills on 10 attempts and five blocks to force a fifth set. Three of those blocks helped stave off set point in the set and she clinched the set with a kill to give Drake a 32-30 win and force a fifth set. ST. LOUIS, Mo. – Drake University’s Gillian Gergen (Janesville, Iowa) has been named the Missouri Valley Conference Volleyball Freshman of the Week, the league announced Monday, Oct. 16. In the five-set loss to Missouri State, she nearly recorded a double-double with a career-high 10 kills on 25 attempts (.360) and a career-high eight blocks. That performance was followed by six kills on 16 attempts with a team-high three blocks in four sets against SIU.last_img read more

SETI: Shut Up and Keep Looking

first_imgOn, Seth Shostak of the SETI Institute answered the critics who think they’re “barking up the wrong tree.”  Well-meaning people send him emails explaining why there is “still no confirmed chitter from the cosmos” after 46 years of looking.  The top four include: (1) aliens use more advanced technology, (2) the Fermi Paradox means nobody’s there (see 06/30/2006), (3) the aliens aren’t interested in us warlike primitives, and (4) the real aliens are in the Zeta Reticuli system.    His basic answer: we’ve only begun the search.  Unless you can come up with better strategy that works, pitch in and help.  We’ve got a lot of stars to go.Maybe there’s a bright side to this SETI business.  It keeps a lot of pesky Darwinians occupied and out of trouble.  This is fine as long as their acronym S.E.T.I. employs another: O.P.M.*(Visited 8 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Credit Crunch Derails Zero-Energy Home Project

first_imgBanks No Longer Willing to Provide Construction LoansISSAQUAH, WA — Construction of the Z-Home project, a ten-unit zero-energy housing development in Issaquah, Washington, has been halted by the credit crunch, according to the Issaquah Press. The project’s two main developers are the City of Issaquah and Howland Homes of Shoreline, Washington, with further help from Puget Sound Energy, King County Built Green, and the Washington State University Energy Program.Among the planned features of the Z-Home buildings are 11-inch-thick cellulose-filled double-stud walls, ground-source heat pumps, rooftop photovoltaic arrays, and real-time energy monitors with living-room displays. Construction of the Z-Home townhouse project, touted as “the first multi-unit zero-energy project in the country,” was announced last fall before all of the necessary financing had been secured.“The day the stock market dropped 800 points was the day of our groundbreaking,” said Brad Liljequist, the Zero Energy Project Manager for the city of Issaquah. “It was stunning. Within a two-week period, we went from a number of banks saying, ‘Yes, we’re on board and we’re interested,’ to banks saying, ‘No, we can’t do it.’ ” Liljequist says that the planned October 2009 completion date for the Z-Home townhouses now “looks doubtful.”The Issaquah Press story quoted David Fujimoto, Issaquah’s resource conservation office manager. “The Bank of America is not doing any lending for home construction on the West Coast,” Fujimoto said. “It’s a volatile time.” For more information on Issaquah’s zero-energy project, visit read more

Venus Williams reaches Wimbledon semifinals for 10th time

first_imgEl Nido residents told to vacate beach homes Williams, who is 37 years old, made her Wimbledon debut a few months before Ostapenko was born. She last won the title in 2008, but reached the semifinals last year and the Australian Open final this year.Williams will next face either second-seeded Simona Halep or Johanna Konta on Thursday. In the other women’s semifinal match, Garbine Muguruza will play either CoCo Vandeweghe or Magdalena Rybarikova. Muguruza beat Svetlana Kuznetsova 6-3, 6-4 on No. 1 Court.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsKonta was next to play on Centre Court against Halep. On Court No. 1, Rybarikova was playing Vandeweghe.On the men’s side, Novak Djokovic advanced to the quarterfinals by beating Adrian Mannarino 6-2, 7-6 (5), 6-4. That match, the first to be played under the roof on Centre Court at this year’s tournament, was postponed from Monday. China furious as Trump signs bills in support of Hong Kong Lacson: SEA Games fund put in foundation like ‘Napoles case’ Pagasa: Kammuri now a typhoon, may enter PAR by weekend Mannarino has never before reached the quarterfinals at any of the four Grand Slam tournaments. He also lost in the fourth round at Wimbledon in 2013. Last year, he lost to Djokovic in the second round at Wimbledon, also in straight sets.Djokovic will face 2010 Wimbledon finalist Tomas Berdych, a man he has beaten 25 times in 27 matches, on Wednesday in the quarterfinals.The men traditionally have Tuesday off at Wimbledon, but Rafael Nadal’s five-set loss to Gilles Muller on Monday forced Djokovic’s match to be pushed back a day.The rain then started at about 11:30 a.m. on Tuesday. The opening match on Centre Court was due to start at noon, so the roof was closed for the first time this year. The rain came and went into the afternoon, forcing the delay of the first women’s quarterfinal match on No. 1 Court.There was a brief rain delay on the opening day of the tournament, but the roof stayed open and the rain went away.Sports Related Videospowered by AdSparcRead Next Another vape smoker nabbed in Lucena Don’t miss out on the latest news and information. Perpetual girls star Solomon commits to NU MOST READcenter_img Williams went up a break early in both sets against Ostapenko, the French Open champion. But the 20-year-old Latvian broke back in the second set and pushed the score to 5-5. A few unforced errors later, though, and Williams broke again for a 6-5 lead before serving out the match.Williams ended up with eight aces and only 13 winners. Ostapenko had one ace and 20 winners.In the first match, Djokovic was up a break in the third set when he asked for a medical timeout and a trainer examined and stretched his right shoulder. The second-seeded Serb appeared to grimace in pain a couple of times as his shoulder was being checked.“It’s been something that I’ve been dragging back and forth for a while now,” Djokovic said. “But I’m still managing to play, which is the most important thing.”Djokovic was broken only once, in the second set. But the 12-time major champion, who won the Wimbledon title in 2011, ’14 and ’15, broke Mannarino early in the third and advanced to the quarterfinals at the All England Club for the ninth time.ADVERTISEMENT LOOK: Jane De Leon meets fellow ‘Darna’ Marian Rivera Pagasa: Storm intensifies as it nears PAR Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ LATEST STORIES Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games View comments Venus Williams of the United States celebrates after beating Latvia’s Jelena Ostapenko at the end of their Women’s Quarterfinal Singles Match on day eight at the Wimbledon Tennis Championships in London, Tuesday, July 11, 2017. (AP Photo/Tim Ireland)LONDON — Playing at Wimbledon for the 20th time, Venus Williams is in the semifinals for the 10th time.The five-time champion at the All England Club advanced to the last four for the second year in a row by beating Jelena Ostapenko 6-3, 7-5 Tuesday under a closed roof on Centre Court.ADVERTISEMENTlast_img read more