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Sep 13, 2019
2 min

How Can I Use My Home to Raise Money Without Selling It?

An equity line reverse mortgage allows you to take different lump-sum amounts of equity out of your home as desired or needed up to a predet

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Jan 16, 2019
1 min

Do's and Don'ts of Home-buying

DO Contact your insurance agent early in the process and inform them of your new home purchase. Do promptly provide all documents (ALL PAGES

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Nov 28, 2018
2 min

Loan Limits for Residential Mortgages to Increase in 2019

The ceiling limit for “high-cost areas”, including King and Pierce counties, will be $726,525. These new limits give borrowers more purchasi

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Nov 14, 2018
2 min

Five Steps to Take When Interest Rates are Rising

In September the Federal Reserve raised its benchmark fed funds rate to 2.25 percent, and has indicated it will further increase this int...

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Sep 24, 2018
2 min

Is a Cash-out Refinance Right for You?

In a cash-out refinance, you refinance an existing mortgage loan with an even larger loan. You can take the difference between the old and n

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Aug 14, 2018
1 min

Terry Rutland Joins Penny Lane Financial as Senior Loan Officer

At Penny Lane we take a holistic approach to your finances, with your home often being the centerpiece of your investments. We are excite...

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Oct 17, 2017
2 min

It's a Great Time to Invest in a Vacation Home

If you’re tired of spending your holidays in hotels and vacation rentals, consider joining the nearly one million buyers who purchased se...

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