Conventional financing
Loans that meet guidelines commonly used by Fannie Mae or Freddie Mac for eligible purchase or refinance transactions.
Wenatchee Valley · North Central Washington
Loan programs overview
New to buying? See the first-time homebuyer guide (savings, credit, pre-qual, loan types without rates, and WSHFC links).
Generic descriptions of common mortgage program types — no interest rates, APRs, payments, or other Regulation Z trigger terms.
Powered by NEXA Mortgage, LLC · NMLS #1660690 · Tyler Oliver NMLS #2860777
Advertising note (Reg Z / Reg N / WA DFI): This page avoids Regulation Z trigger terms and does not use words like “best,” “lowest,” or “#1.” Program availability depends on borrower eligibility, property, and investor guidelines.
FHA
Financing insured by the Federal Housing Administration for eligible borrowers and properties. Government insurance does not mean the government is your lender.
VA
Financing available to eligible veterans, service members, and certain surviving spouses, subject to VA and lender guidelines.
USDA
Financing that may be available for eligible properties and borrowers in qualifying rural or suburban areas.
Refinance options
Rate/term and cash-out paths, MI considerations, and break-even thinking — see the section below. Personalized review required.
Other / specialty scenarios
Some situations involve non-standard guidelines. Availability varies; we discuss only options that can be offered through NEXA’s channels.
Content is informational and does not constitute a commitment to lend, an offer of credit, or a rate lock. All loans are subject to credit, income, asset, identity, and property verification. Products are not available in all states. NEXA Mortgage, LLC and Tyler Oliver are not government agencies.
Refinance considerations
A refinance replaces your current mortgage with a new one. Whether it makes sense depends on your goals, costs, and how long you expect to keep the home — discuss specifics with Tyler. This section is educational only and does not advertise rates, APRs, payments, points, or other Regulation Z trigger terms.
Rate / term refinance
Often chosen to change the interest rate and/or the remaining term (for example, moving to a different fixed term). Goals may include lowering monthly interest cost over time or adjusting the payoff timeline — outcomes vary by market and your credit profile.
Cash-out refinance
Lets eligible borrowers refinance for more than they currently owe and receive cash from equity, subject to guidelines and underwriting. Uses vary (home improvements, debt consolidation, etc.). Cash-out has different rules than a rate/term refinance.
Removing mortgage insurance
Some borrowers refinance when equity or program rules may allow dropping private mortgage insurance (conventional) or when another program better fits their situation. Eligibility and investor rules apply; VA and other programs have their own structures.
Break-even thinking
Compare estimated closing costs to the monthly savings (or other benefit) you expect, and ask how many months it would take to recover those costs. If you may move or refinance again sooner than that, a refinance may not pencil out — even when terms look attractive on paper.
Not a commitment to lend or an offer of credit. No rates or payments are quoted here. All loans subject to credit approval and underwriting.
Refinance break-even calculator Ask about refinance goals Document checklist Loan process