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Blog: Mortgage Information

WHAT’S A FICO®?

What is a FICO® Score? FICO® stands for Fair Isaac & Company and is the name for the most well known credit scoring system, used by Experian. The credit bureau’s computer evaluates a complete credit profile and assigns a score, which is... Read more

Types of Mortgage Lenders

Mortgage Bankers Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is conside... Read more

Your Savings and Down Payment

Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next... Read more

FICO® Scores and Your Mortgage

Years ago, credit scoring had little to do with mortgage lending. When reviewing the credit worthiness of a borrower, an underwriter would make a subjective decision based on past payment history. Then things changed. Lenders studied the relationship be... Read more

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Hedy Long
Compass Northwest
800 Bellevue Way, Suite 500
Bellevue, WA 98004

Testimonials

Hedy was highly recommended to us by friends, and we feel lucky to have worked with her to buy our first house. She is direct, honest, and clearly cares about people and loves her work. She is always quick to respond to emails/texts and worked hard to ensure that our offer was accepted quickly and closing went smoothly. We were nervous first-time home buyers, but Hedy's knowledge of neighborhoods & the housing market, as well as insight into potential maintenance issues and ideas for renovations, made us feel comfortable and informed during every step of process. Klesoing
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