Darel's Wenatchee Area Lending Blog

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Mortgage and Lending - Peoples Bank - NMLS 500247
RECENT BLOG POSTS
This weekend is the 5th Annual NCHBA Home Show in Wenatchee. NCHBA is the North Central Homebuilders Association; so the show is all about construction, remodeling ideas, doors, flooring, decks , windows etc.  And of course I am there to help people finance their construction or remodel project. ...
02/05/2008
    Lot and land sales at Lake Chelan seem to be brisk right now; as I am getting inquiries every week from people wanting to finance a building lot or some land. Most people have not financed land before so I hope to remove some confusion with a little explanation.  This would also apply to peop...
02/04/2008
In our markets of Wenatchee, Leavenworth and Chelan, we are benefitting from the drop in mortgage rates while not participating in the housing market declines that are hitting some parts of the country. But, as we have local media that just re-prints what the national Press is saying, we have som...
02/01/2008
I have talked to several people this month who are buying land in our area with plans to have a home built in the near future.  As most of the questions are similar, I thought I would fill people in on Construction Lending in Wenatchee, Leavenworth and Chelan.  First of all, its Winter here, whic...
01/28/2008
We are very fortunate in the markets of Wenatchee, Leavenworth and Chelan in Eastern Washington. We are able to take advantage of the low mortgage rates driven by the cooling national economy, all without actually having to participate in the cooling economy.  Last week was crazy, and it looks li...
01/28/2008
Most jobs involve some driving; and mine is no exception with construction inspections around Eastern Washington. But I love the outdoors, so I have chosen a great place by living in Wenatchee. Last week I did inspections in Suncadia and Ellensburg. During my drive, besides the sunshine and fall ...
11/02/2007
In the last week,  it appears that Fannie Mae is loosening the reigns and making mortgage qualifying easier.  I won't try to completely explain Automated Underwriting here, but basically, when we as lenders take an application for a loan that will be sold to Fannie Mae or other investor, we gathe...
10/29/2007
 It's that time again; every Fall in the Wenatchee area, builders scramble to get their foundations poured before it freezes, giving them a chance to get their homes framed in so they can work inside during the Winter.  Some years have been mild, where you could excavate and pour concrete all Win...
10/14/2007
In the State of Washington, the HouseKey program has resumed it's funding.  This means Veterans and anyone who has not owned a primary residence in the last 3 years can get 100% financing for their home purchase, including manufactured homes and condos. The program is offered through specific loa...
10/03/2007
With the extraordinary increase in home values over the past 2-3 years, most people gained a lot of equity in their homes and land.  I am now seeing a lot of people coming in to refinance; some to take equity out, others to eliminate PMI (Private Mortgage Insurance).  I closed loans recently for ...
10/02/2007
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Darel Ansley

local_phone(509) 664-5324
smartphone(509) 860-3301
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