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Geographically based sub-section: Seattle is considered the most populous city in the northwestern part of the United States. The Seattle-Tacoma-Bellevue metropolitan has the largest statistical area in the Pacific Northwest. It is located about 96 miles south of the Canada - United States border. Seattle is now officially nicknamed "Emerald City", which is a reference to its lush evergreen forests. It is also informally known as "Rain City", "Jet City" and "Gateway to Alaska". Because of the extensive bus routes that has replaced railways and streetcars, Seattle is now ranked as one of the most congested city in the United States. When applying for a mortgage or home loan, you will first need to fill out an application form. An application form usually asks for detailed information about yourself and your employment status. You will need to provide supporting documentation as proof of your personal finances. Documents such as W-2s or paystubs, bank statements, social security and verification of employment. This will help the lender determine your ability to pay the home loan. To speed up your home loan processing, be sure to submit accurate and recent information to your lender. Be honest and be as cooperative as you can. Remember, your lender wants you to have the home loan, so help your lender help you. For the past two months, the price of a house in a typical Seattle area has risen. There is now a change in the economic mood, as house prices has risen in eight other states. Of course a month's worth of data cannot determine the beginning of a turnaround, but it still show signs of stabilization in some regions. There are also reports that show an improvement in the housing market department. A typical home in the Seattle area, which might cost an estimated $400,000 is down at least 16 percent compared to last year. |




