Leverage the Beverage: Realtor Success Panel


When? Wednesday, September 28, 2022 / 3:00-5:00 PM
Where? Homeseed HQ (3633 136th Pl SE, Suite 210 | Bellevue, WA 98006)98052)
How? https://homeseedloans.com/partner-connects/

Homeseed is excited to host our first Realtor Success Panel as a part of our Leverage the Beverage series of informative happy hours. You won’t want to miss this event where we’ll have some of our market’s top real estate professionals share their insights on how they are finding success in today’s market. Check out our panelists below and come ready as they’ll share their wealth of knowledge and expertise!

Spaces are limited so reserve your spot today by RSVPing at https://homeseedloans.com/partner-connects  


Bill Townsend
Managing Broker
Century 21 – The Townsend Group

Carrie Freeman
Real Estate Broker
John L Scott

Jacob Weaver
Real Estate Broker
eXp Realty – The Weaver Byrne Group

Zack Hill
Real Estate Broker
Keller Williams – The Hill Team


Juan Carlos Baltazar
Loan Advisor | NMLS #1522568

Strengthen Your Offer With Our Cash Committed Closing™ Program

PROGRAM ENHANCEMENT: We have increased our closing guarantee to $10,000. Homeseed’s Cash Committed Closing™ program will guarantee the seller we close on time or we’ll issue $10,000 to them!

Homeseed’s goal is to reduce the stress of the mortgage process by helping our clients pre-pare early, and make our clients’ offers stand out in a competitive market. To do so, we’ve developed our Cash Committed Closing Program to help achieve this. We’ll provide you with a fully underwritten pre-approval for financing before you find your home so you can shop with confidence. Additionally, sellers will find your offer that much more attractive knowing that you’ll close on time or our Cash Committed Closing™ program will issue a $10,000 credit to them. Please see rules for eligibility below.

TERMS & CONDITIONS (as of 3/9/2022)


  • Transaction must be for a home purchase
  • Borrower(s) must fully complete a loan application and request to enroll in Cash Committed Closing™ with their Loan Advisor prior to making an offer
  • Borrower(s) must provide a copy of the purchase contract and the closing date must be scheduled no sooner than 28 calendar days from the date of executed purchase and sales contract
    • VA loans will require 30 calendar days
    • Jumbo loans will require 35 calendar days
  • Required disclosures must be executed and returned to Homeseed within two business days
  • Initial loan documentation and information requested by Homeseed must be received within five business days
  • Any additional documentation and information requests by Homeseed must be received within two business days
  • Borrower(s) may not request loan term changes within ten business days from the scheduled closing date. Loan changes include, but not limited to, loan program, term of loan, or down payment amount.
  • Borrower(s) must lock the loan rate and complete all loan requirements and conditions at least seven business days prior to the closing date
  • The final appraisal, completion certificate, and/or all revisions must be received five business days prior to the closing date
  • Loans with subordinate financing must have secondary loan approval five business days prior to closing
  • Borrower must be available for the in person signing of final loan documents with the title company on a date requested by Homeseed
  • The loan must close and fund with Homeseed in order for the Cash Committed Closing credit to be paid


  • Any delays attributable to the borrower(s) outlined in terms, a third party, or the seller that cause the missed closing date
  • Information provided by the borrower(s) that could not be verified or was inaccurate
  • The loan amount is $2,000,000 or greater
  • The loan does not meet federal and state regulatory requirements and/or agency guidelines
  • The closing date is missed due to acts outside the control of Homeseed. Acts include, but not limited to, inclement weather, natural disasters, catastrophic events, or other public emergencies.

2022 Conforming Loan Limits

Every year the Federal Housing Finance Agency (FHFA) announces their conforming loan limits for the upcoming year immediately following the November release of their House Price Index (HPI). FHFA uses this data on home price appreciation to set the new loan limits for the upcoming year. For areas in the country that are considered high cost, FHFA increases loan limits further and will go up to 150% of the baseline conforming loan limit.

In 2022, the new conforming loan limit for most of the US for one-unit properties will increase to $647,200, an increase of $98,950 from $548,250 in 2021. This means in areas of high-cost or with special statutory provisions, the loan limit can reach as high as $970,800. An example in Washington State would be the counties of King, Snohomish, and Pierce, where the loan limit will increase to $891,250, an increase of $115,000 from $776,250 in 2021.

This significant increase will help home buyers access more credit and remain competitive in the current market where home prices have quickly risen. In fact, this year-over-year increase of 18% in the conforming loan limit is the largest on record dating back to 1970.

If you have any questions or want to find out if you qualify for a conforming loan, please reach out today!

2022 Conforming Loan Limits By County

Homeseed of Hope – Homestead Community Land Trust

Homeseed of Hope – Homestead Community Land Trust

In our community outreach effort for Homeseed of Hope, we are featuring Homestead Community Land Trust and the incredible work this non-profit organization is doing to address the housing affordability crisis in the Greater Seattle and King County area.  As this region has become a thriving tech sector, it has also become increasingly unaffordable for lower- and middle-income residents. In a city of Seattle housing affordability report published in 2018, data shows that the region has seen a 325% increase in the cost of housing while wages have only increased by 85% since 1997. Homestead Community Land Trust’s mission is to preserve and advance access to permanently affordable homeownership as a means to create thriving, equitable, and inclusive communities.

On October 29th, Homestead Community Land Trust is hosting a Halloween Trivia Night and members of the Homeseed Team will be sponsoring, fundraising, and joining in on the trivia games. We encourage you to learn more about the great work this non-profit is doing to serve marginalized populations across this region and consider donating to the Homeseed Team’s fundraising goal in the links below. Together we can further the impact of Homestead Community Land Trust!

Donate to the Homeseed Team’s fundraiser

Learn more about Homestead Community Land Trust

About Homeseed of Hope

Community reciprocity and reinvestment have long been goals of Homeseed since we first launched in June of 2016. In addition to providing a uniquely empowering mortgage lending experience, Homeseed wanted to use its platform to support the individuals, businesses, and programs in the communities we serve. That desire remains true today and led to us creating Homeseed of Hope – an initiative to guide our community outreach efforts.

FHFA Eliminates Adverse Market Refinance Fee

The Federal Housing Finance Agency (FHFA) announced today that it will be no longer be collecting a fee on refinance transactions that was known as the “Adverse Market Refinance Fee” effective August 1, 2021 for all qualified mortgages. The lending industry is welcoming the news as this change will help more families take advantage of the low-rate environment and save more money.

If you have considered refinancing this past year but the costs did not justify the savings, now is a perfect time to reconnect to reevaluate your scenario. This is also a great opportunity to leverage your home’s equity to consolidate debt or fund the remodel you have been wanting. It is an extremely inexpensive time in mortgage lending for consumers and you can save even more by acting before rates increase as projected.

Please share this news with your neighbors, families, and friends. I very much appreciate the opportunity to answer any questions and serve your community.

Source: https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Eliminates-Adverse-Market-Refinance-Fee.aspx

Housing Market Alert – Seattle Has Over 15% Year Over Year Appreciation

Home appreciation continues to reach historic highs as tight supply and strong demand lead to an extremely competitive housing market. According to the S&P CoreLogic Case-Shiller home price index, prices in February rose 12% year over year across the US. This 12% gain is a 15-year high, and Seattle is one of the top cities with a gain of 15.4% year over year.

Those trying to enter the housing market are feeling the frustrations and disappointments of a competitive low inventory market. In many cases, buyers are having to make over five offers on homes before getting one accepted. However, the risk and rewards can quickly make sense when you consider the yearly equity gains with appreciation being higher than most full-time annual salaries. With a 15.4% gain in home prices year over year in Seattle, a person purchasing a $750,000 home last year would have gained $115,500 in appreciation on average. Historically low interest rates are also helping give a small boost to your purchasing power, so long as they remain low.

In the end, the most important thing prospective homebuyers need to consider is if are you in a position to responsibly take on a mortgage payment. Make sure you are evaluating a range of factors including your finances, personal life, and future. Connect with us today if you have any questions. If you have anyone looking to get pre-approved to purchase a home or refinance, we’d love the opportunity to serve them!

Dealing With Appraisal Gaps

In our competitive housing market, most homes are receiving numerous offers and sell for over the listing price. But what happens when the home appraises for less than its selling price? In a seller’s market, it’s often left to the buyer to cover the difference between the purchase price and the appraisal. And what happens if an appraisal comes in short by $50,000? Or even $100,000? If the borrower does not have extra funds to cover the appraisal gap, Homeseed has a back up plan to help your borrower save the deal.

A scenario we’ll use to go over our appraisal gap strategy is a purchase price of $700,000 with a 20% down payment. If the appraised value comes in $50,000 or $100,000 below the $700,000 purchase price, our loan to value ratio will increase above 80% and the borrower will be required to purchase a mortgage insurance policy. What we can then do is finance a single-premium mortgage insurance policy into the loan amount that helps us cover the appraisal gap. This also allows us to keep the required cash to close similar across all three scenarios. Financing the mortgage insurance premium will increase the loan amount and thus the monthly payment, but not by much. On a $50,000 short appraisal value, monthly payment only increases by about $28. On a $100,000 short appraisal value, monthly payment increases by about $41. This is a relatively inexpensive way to cover up a large appraisal gap in this market. 

Please reach out if you’d like to learn more about this financing strategy and other ways to help you clients remain competitive in this market. If you also have anyone looking to get pre-approved to purchase a home or refinance, we’d love the opportunity to serve them!

Homeseed of Hope – Treehouse

Community reciprocity and reinvestment have long been goals of Homeseed since we first launched in June of 2016. In addition to providing a uniquely empowering mortgage lending experience, Homeseed wanted to use its platform to support the individuals, businesses, and programs in the communities we serve. That desire remains true today and led to us creating Homeseed of Hope – an initiative to guide our community outreach efforts.

In our second outreach effort for Homeseed of Hope, we are featuring Treehouse, a local non-profit organization that provides youth in foster care with opportunities and support they need to pursue their dreams and to have a successful adulthood. We will be hosting a fundraiser for Treehouse where our monetary donations will go towards making the holiday special for young people and provide them with academic support and childhood experiences such as playing a sport or learning an instrument. To encourage our community to support and share this donation drive with their family and friends, Homeseed will be offering two things:

1. Homeseed will be matching donations up to the first $500 we receive to our donation drive.

2. Homeseed will be hosting a raffle giveaway on our social media pages where three entrants will have the opportunity to receive a $100 gift card to a local business of their choice.

To donate, visit bit.ly/HomeseedHelps2020.

This year has been challenging in so many ways and youth in foster care can be some of the hardest hit. We are fundraising to ensure that youth in foster care across the state have access to meaningful holiday toys and warm clothes this holiday season. We are also hoping to help a few local businesses that members of our community enjoy by purchasing gift cards for their services. Please help us share this opportunity with any one you know and Homeseed truly appreciates any support you can provide. Follow us to stay up to date with more details @homeseedloans on Facebook and Instagram!


Homeseed is proud to announce that we’ve raised $1776 this holiday season for Treehouse and youth in foster care. Additionally, we selected three giveaway winners who each earned a $100 gift card to support a local business of their choice!

A BIG thank you to everyone who helped share our posts and donated. Your support helped make the holidays a special time for youth in foster care and provided them with childhood experiences they’ll remember. Thank you to Treehouse as well for the great work they are doing in our communities and across Washington state to support youth in foster care.

Lastly, our donation page at https://engage.treehouseforkids.org/fundraiser/3078612 will remain functional through 1/15 and we would appreciate it if you would continue to share our posts and consider donating.

Let’s make the new year a great one!

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Juan Carlos Baltazar Bellevue home loans

Juan Carlos Baltazar

NMLS#: 1522568

Contact Juan Carlos