Your Everett Mortgage Lender
Everett is a city located in the western part of Washington State, situated along the shores of Port Gardner Bay in the Puget Sound region. It is known for its picturesque waterfront, aerospace industry, outdoor recreational opportunities, and cultural attractions. One of the most prominent features of Everett is the Boeing Everett Factory, the world’s largest building by volume, where Boeing manufactures wide-body commercial aircraft. The Boeing facility is a major employer and has a significant impact on the local economy. he city is located along the shores of Port Gardner Bay, providing residents and visitors with beautiful waterfront views and access to water-related activities like boating, fishing, and kayaking. Located near the city, Naval Station Everett is one of the U.S. Navy’s most modern facilities. It is a significant presence in the area, contributing to both the local economy and the community. Mukilteo is a neighboring city located to the southwest of Everett. It features a scenic waterfront, the Mukilteo Lighthouse Park, and the Mukilteo-Clinton ferry terminal connecting to Whidbey Island. Accessible by ferry from Mukilteo, Whidbey Island is known for its stunning natural beauty, historic sites, and charming communities. It’s a popular destination for outdoor enthusiasts and tourists. To the east of Everett, the Cascade Mountains offer abundant opportunities for hiking, skiing, and other outdoor activities. Nearby mountain towns like Index and Skykomish are gateways to outdoor adventure. he city of Snohomish, to the southeast, is famous for its well-preserved historic downtown, antique shops, and charming Victorian-era homes. Located to the northwest of Everett, Camano Island is known for its natural beauty, state parks, and beachfront communities.
Everett offers a range of housing options, from single-family homes and condominiums to townhouses and apartments. The diversity of the housing market caters to different lifestyles and budgets. Everett’s housing market is influenced by its proximity to major employment centers, such as the Boeing Everett Factory and the Naval Station Everett. These facilities provide employment opportunities and attract residents to the area. Like many parts of the Pacific Northwest, Everett’s housing market has been competitive in recent years, with limited housing inventory and increasing demand. This competitive environment can lead to bidding wars and rising home prices. While the market has seen price increases, Everett has generally been more affordable than some neighboring cities in the Seattle metropolitan area. This affordability has made it an attractive option for first-time homebuyers and those looking for more space.
Due to the rapid rise in appreciation in Washington State, the current single-family conforming loan limit for most counties in Washington State is $766,550 (an increase over the 2023 cap of $726,200). For reference, the loan limit in 2022 for a primary single-family residence was $647,200. In the more expensive Seattle-area counties of King, Pierce, and Snohomish, the single-family high balance loan limit has been increased to $977,500 for 2023. The loan limits vary from the number of units and the type of properties that are being financed.
M&M Mortgage, LLC is a reputable brokerage firm that has been serving clients since July 2006. We are licensed in multiple states, including Washington, Colorado, Minnesota, and Wisconsin. As a Mortgage broker, we are focused on catering to the unique needs of their clients. We prioritize client education, equipping individuals with knowledge about the mortgage process and presenting them with a diverse range of options, empowering them to make well-informed decisions confidently. We specialize in brokering several types of loans, including Conventional, VA, FHA, Reverse and Non-Qualified Mortgage first mortgage loans. In addition to their broad range of services, M & M Mortgage LLC offers specialized loan options tailored to specific financial situations. Follow M & M Mortgage, LLC for insights into the mortgage industry and Friday trivia on Facebook or Instagram, where participants can win money. M&M Mortgage, LLC welcomes the opportunity to assist individuals with their next mortgage and address any inquiries they may have regarding the mortgage process.
