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Who is Umbrella Insurance for?

Umbrella insurance, also known as excess personal liability insurance, isn’t just for the wealthy. If you: drive a motor vehicle, own...

2022 Mortgage Trends

If you didn’t know by now, mortgages in the United States are at an all time high in consumer demand and all time low in interest rates....

Don't Let Student Loan Debt Prevent You From Buying a Home

As of early 2020, 45 million borrowers collectively owe $1.6 trillion in student loan debt in the United States, weighing in at the...

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

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

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

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...

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

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...

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...