Mortgage Solutions

Conventional Conforming Mortgages

Conventional conforming loans have terms and conditions that follow the guidelines set forth by Fannie Mae and Freddie Mac. Fannie Mac and Freddie Mac guidelines establish the maximum loan amount, borrower credit and income requirements, down payment, and suitable properties. Fannie Mae and Freddie Mac announce new loan limits every year. The 2011 conforming loan limit for first mortgages are:

One-family $417,000
Two-family $533,850
Three-family $645,300
Four-family $801,950

We also offer Conforming Jumbo programs up to $1,092,350 available on subject properties located in counties designed as high cost.

Federal Housing Administration (FHA)

FHA mortgage programs are Government insured home loans available to all buyers. These programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans. FHA loan programs are particularly beneficial to those buyers with less available cash and require only 3.5% down payment. In addition to standard FHA programs, we also offer financing for FHA Jumbo programs, HUD REOs, and properties eligible for rehabilitation under the FHA 203(k) streamline program.

Veteran's Administration (VA)

VA loan programs are Government guaranteed home loans available to eligible veterans for the purchase of a home. VA loans are particularly beneficial to those veterans that do not have much cash available. VA programs require NO down payment or monthly mortgage insurance premiums and provide an ability to finance the funding fee into the loan.

United States Department of Agriculture (USDA)

USDA loan programs are Government guaranteed home loans designed to meet the needs of those living in small communities and rural areas as well as many outlying metropolitan areas. It allows for 100% purchase financing, and has NO monthly mortgage insurance.

Jumbo Non-Conforming Mortgages

Loan programs above the maximum loan amount established by Fannie Mae and Freddie Mac are known as "jumbo" non-conforming loans. These loans often have a little higher interest rate than conforming loans. We offer Jumbo Non-Conforming mortgages for owner-occupied properties up to a loan amount of $2 Million.

Reverse Mortgages

Reverse Mortgages have helped over 700,000 people improve their standard of living.  Many people over 62 years old and wanting to retire, or already retired, are burdened with mortgage payments, high credit card debt, and other financial obligations that prevent them from enjoying this time in their life.  Many seniors, through no fault of their own, were affected by the drastic reduction in 401Ks and other retirement accounts.

There are many misconceptions and misunderstanding around reverse mortgages which have deterred some who could so benefit from learning the facts.  Our division of Axia Financial is dedicated to educating seniors and their families such that they can make an informed decision.  We demonstrate this through straight talk on how you can access the equity in your home and achieve your goals and dreams, while staying in your home.  Please visit our website below and call us at 1-800-963-8011 or 425-732-2550.

www.stayinhome.com

1st Time Homebuyer

If you have not owned a home within the last three years, you may be eligible for one or more of our first time home buyer programs.  We participate in the FannieMae MyCommunityMortgage, FreddieMac Home Possible, and Washington State Housing Finance Commission to provide you with financing for your first home. 

Portfolio Financing

As a commercial lender, Axia Capital provides investors the ability to pay cash for the properties at auction. Axia Capital representatives are present every Friday at auction sites in King, Snohomish, Pierce and Kitsap counties ready to bid on the behalf of the investor.

For the REOs and Pre-Foreclosure, Axia Capital’s commercial bridge financing strengthens the investor’s offer by allowing for a quicker close date than a buyer arranging for conventional financing. At the auction, Axia Capital’s money works like cash.

Primary product type is Business Purpose Single Family Residential properties. Secondary product type is Business Purpose Multi-Family Residential or Commercial properties. Axia Capital only lends on first deeds of trust to qualified investors.

For more information about Axia Capital, please feel free to Mark Woodbridge, Foreclosure Branch Manager.

Special Loan Programs

State Bond Money

HomePath

Mortgage Credit Certificates

Energy Efficient Mortgages

Escrow Holdbacks

MyCommunityMortgage

Home Possible