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Saturday, November 5, 2011

Washington Federal Financing Update

Here are some highlights of the financing available from Washington Federal sent in by a reader who followed up on the previous post. (Thank you.)
- Single family residences only (no multi-family, condos, condo conversions, town homes, manufactured homes)
- Minimum load amount $50,000; Maximum is $500,000
- 30 year fixed rate
- Loan to value 65% or less (i.e. 35% down payment)
- Available for both "second homes" and "investment loans", with some differences in the details.
Call Washington Federal for details. I have no relationship with Washington Federal or further information.
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