Unlocking Homeownership Opportunities for Renters in Kitsap County

October 23, 2024

Did you know that many renters in Kitsap County have the financial capacity to buy a home but remain in the rental market? If you’re one of them, you might be asking: why stay in a rental when you qualify to purchase a starter home or maybe even your dream home?

While concerns about the housing market are common, owning a home can be a smart investment. Many people mistakenly believe that they need a large down payment like 20% to get started, or that they must undergo a hard credit check just to see how much home they can afford.


The truth is, you don’t need a hefty down payment to buy a home! Additionally, with our team, you can take advantage of a soft credit pull pre-approval, which has no impact on your credit score. This approach helps you quickly determine your buying power and assess whether now is the right time for you to buy.


Don’t let outdated beliefs hold you back from creating wealth through real estate. Talk to a local lender like myself to help advise you throughout the whole process. If you're ready to explore your options and take the next step toward homeownership in Kitsap County, contact me today. Together, we can make your dream of owning a home a reality!

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2025 Washington State Loan Limits: County-by-County Breakdown & High Balance Areas

March 27, 2025
If you're planning to buy a home in Washington State in 2025, understanding loan limits is a key step in navigating your mortgage options. Loan limits define the maximum amount you can borrow with a conforming loan—those backed by Fannie Mae and Freddie Mac—before you enter "jumbo" loan territory, which often comes with stricter requirements and higher interest rates. These limits vary by county, reflecting differences in local housing markets, with some areas designated as "high balance" due to elevated home prices. In this blog, we’ll dive into the 2025 conforming loan limits for Washington State, highlight the high balance areas, and provide a detailed breakdown for every county

What’s Happening with Mortgage Rates and the Market?

November 23, 2024
I’ve been getting a lot of questions lately about what’s going on in the market after the election and the recent Fed meeting. Let me break it down for you!

Why Choose Us for Your VA Loan in Kitsap County?

October 30, 2024
New American Funding (NAF) and myself are deeply honored to serve Veterans, active-duty service members, and their families by helping them achieve the American dream of homeownership. If you're a military member in Kitsap County, Washington, looking for a trusted VA lender, we are here to provide expert guidance, customized financial solutions, and a seamless experience tailored to your unique needs. Here’s why we stand out as a leading military home loan lender in your local area.

The Fed Slashes Rates Again | What Does This Mean for Your Mortgage?

October 16, 2024
You may have heard recently the Federal Reserve made an aggressive move by cutting the Fed Funds Rate by 0.5%, bringing it down to 4.875%. On top of that, the Fed has forecasted an additional 0.5% cut by the end of the year and another 1% cut in 2025. However, these predictions are subject to change as new economic data emerges. This move is part of the Fed’s ongoing effort to lower interest rates to prevent the U.S. economy from slipping into a recession.

How Homeownership Can Transform Your Financial Future

October 9, 2024
For many, paying rent feels like an unavoidable monthly expense, a necessary trade for having a roof over your head. But what if that same payment could be transformed into an investment that multiplies your wealth?  That’s exactly what happens when you transition from renting to owning a home.

The Wealth-Building Power of Homeownership

By Nick Jeatran • October 2, 2024
It's no secret that homeownership plays a significant role in building long-term wealth. In fact, studies have shown that homeowners have 40 times the net worth of renters. This wealth gap highlights the financial advantages that come with owning property, from equity growth to tax benefits. But despite these well-documented benefits, many potential homebuyers in Kitsap County, WA and beyond face a common misconception that holds them back: the down payment.

Are You Waiting for Lower Mortgage Rates? Here’s Why You Shouldn’t.

September 25, 2024
With the economy slowing down, inflation moderating, and a weakening job market, there’s a strong possibility mortgage rates may drop soon. The Federal Reserve may even be forced to cut rates. But should you wait to buy a home until mortgage rates decline? The answer might surprise you.

Positive News on Home Appreciation from Top Economists

September 18, 2024
As the real estate market continues to evolve, prospective homebuyers may be wondering about the future of home appreciation. Fortunately, recent insights from top economists provide encouraging news. If you're considering buying a home soon, now is an excellent time to explore your options.

What is a Blended Rate?

By Sarahfina Perry • March 19, 2024
Understanding your blended rate could be a key to financial freedom. When it comes to mortgages, many homeowners proudly boast about their low rates. But what if I told you that your mortgage rate is just one piece of the puzzle within your financial picture? It's important to consider your overall rate, known as your blended rate, which takes into account all of your debts and their respective rates, weighted by the outstanding balance.

Optimal Time to Invest: Bremerton-Silverdale Real Estate Insights

February 2, 2024
The real estate market is an ever-changing landscape, influenced by various factors such as economic trends, population growth, and local development. As we step into 2024, an exciting opportunity presents itself in the Bremerton-Silverdale area, with forecasted appreciation gains that could significantly benefit prospective investors and buyers. In this blog, we'll dive into the reasons why taking action now might be the key to unlocking substantial returns, drawing insights from a chart provided by Aimee Picchi from CBS News' Money Watch article released January 16, 2024 with data sourced by CoreLogic.
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