Make no mistake, there's a lot to do when you get a mortgage loan. You wouldn't be visiting our website if you could complete a one-page application and get a great loan funded in one day. But First Washington Mortgage does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

There are four primary steps involved in obtaining a loan.

Step one: Decide on your maximum loan amount

This is a function of a couple things. How much of a monthly payment can you afford? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? You can get a good idea of your preferred payment amount using the calculators on our website. And we can guide you to the right loan amount and best program for you when you answer a few questions. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step four: your loan is funded

The agents will find an escrow/title company to handle the "funding" and closing of the sale. We'll coordinate with this company to ensure all the papers your lender will require are available, and you will probably}likely sign everything at their officeWe do all the work to coordinate with this company on your closing date. Because you don't have to worry with this coordination, you can think about the move, paint colors, new carpet, and the details involved in getting a new home.

You've answered some few questions, provided lots of information, applied , and Before you know it, you'll be moving in! First Washington Mortgage is a mortgage specialist; you're not — so we do the work. Makes sense, doesn't it??